The Move US Treasuries firmed on Wednesday, with the 10-year yield down 6 basis points to 4.64%, as traders leaned further into expectations that the Federal Reserve’s easing path continues in the months ahead. Gold pushed to $4,701.60, up 1.31% on the day, tracking the move lower in real yields. Equities were comparatively muted in … Read more
What Happened US Treasury yields eased again on August 14, with the 10-year note falling 4 basis points to 4.64%. Risk assets took the move in stride: the S&P 500 added 0.81% to close at 7,790.49 and the Nasdaq climbed 1.27% to 26,782.38, while the VIX ticked up marginally to 14.7 — still a level … Read more
The Move Friday’s jobs report gave markets a jolt: the US economy shed 23,000 jobs in July, with education, government, and retail posting the steepest declines and labor-force participation slumping, according to Reuters. The reaction across asset classes was immediate and telling. The 10-year Treasury yield eased about 2 basis points to 4.65%, gold jumped … Read more