(Bloomberg) — Treasury yields rose after data showed another rise in consumer inflation expectations for the year ahead and some traders took profits on dovish bets from the Federal Reserve. Most read by Bloomberg In a weak trading session before the Thanksgiving holiday, two-year U.S. yields topped 4.9%. The S&P 500 rose slightly. Amazon.com Inc. … [Read more…]
(Bloomberg) — European stocks rose and bond yields across the euro area fell on Wednesday as worsening economic data and easing inflation underscored expectations for interest rate cuts next year. Most read by Bloomberg Germany’s 10-year government bond yield fell below 2% for the first time in nine months after a report showed producer prices … [Read more…]
(Bloomberg) — Stocks started the week cautiously as traders refrained from making big bets ahead of key economic data and meetings of major central banks that will test the market’s optimism about interest rate cuts in 2024. Most read by Bloomberg In less than 24 hours, Wall Street will get a sense of whether the … [Read more…]
(Bloomberg) — Stock markets rose as traders increased bets and central bankers prepared a global policy shift toward interest rate cuts. Bonds paused a rally that sent the 10-year U.S. Treasury yield falling below 4.2%. Most read by Bloomberg The Stoxx 600 index traded near its highest level in four months, while U.S. stock futures … [Read more…]
Federal Reserve Chairman Jerome Powell answers a question during a news conference at the Federal Reserve in Washington, U.S., November 1, 2023. Portal/Kevin Lamarque/File Photo Acquire LICENSE RIGHTS A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rearview mirror, investors are bracing for a … [Read more…]