The DXY Index has held onto key technical support, suggesting that bulls may have a bit more fight left yet.
S&P 500 Forecast: Will Rising Yields Derail Stock Market's Upward Trajectory?
Rising Treasury yields inspired a broad selling in global equities last week. The longer-term outlook remains positive however on the back of the reflationary theme, strong earnings and vaccine pro…
Heads up: Fed speakers coming up later in the day
Fedspeak is going to be a hot topic in the market this week
Here’s the agenda for today:
1400 GMT – Fed’s Williams speaks at a virtual conference
The conference is hosted by the NY Fed and Williams will be delivering opening and closing remarks at the event. His opening speech is expected to be for 5 minutes
Here’s the agenda for today:
1400 GMT – Fed’s Williams speaks at a virtual conference
The conference is hosted by the NY Fed and Williams will be delivering opening and closing remarks at the event. His opening speech is expected to be for 5 minutes
US Treasury yields tick higher ahead of North American trading
10-year yields up over 4 bps to near 1.45%
At the start of European morning trade, it was holding around 1.40%. Meanwhile, 30-year yields are up by over 7 bps on the day and closing in on 2.23%.
At the start of European morning trade, it was holding around 1.40%. Meanwhile, 30-year yields are up by over 7 bps on the day and closing in on 2.23%.
Bitcoin is at a tipping point – Citi
Bitcoin could either surge dramatically or blow up entirely, says Citi
But Citi warns that the cryptocurrency is facing a „tipping point“ at the moment with the potential to explode higher or implode completely.
But Citi warns that the cryptocurrency is facing a „tipping point“ at the moment with the potential to explode higher or implode completely.
Fed’s Barkin: I would be disappointed if we didn’t see yields rise as the outlook improves
He sure doesn’t sound too worried about the bond market developments
10-year Treasury yields are at the highs for the day, near 1.44%:
10-year Treasury yields are at the highs for the day, near 1.44%:
Baden-Wuerttemberg February CPI +1.4% vs +1.1% y/y prior
Latest data released by Destatis – 1 March 2021
This just adds to confirmation that the German national reading later should see CPI tick slightly higher than the January reading of +1.0% y/y. The estimate is for a jump to +1.2% y/y to +1.3% y/y – which will be the highest since March last year.
This just adds to confirmation that the German national reading later should see CPI tick slightly higher than the January reading of +1.0% y/y. The estimate is for a jump to +1.2% y/y to +1.3% y/y – which will be the highest since March last year.