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Monthly Archives: October 2022
The 10-year treasury yield rose above 3.8% as short-term rate expectations increased
Written on October 3, 2022 at 12:06 am, by anakin
U.S. equities have continued to edge lower on the last trading day of the week. The benchmark U.S. 10-year treasury yield recovered above 3.8% as short-term interest rate expectations continue to rise. The Dow Jones Industrial Average lost 1.71%, the S&P 500 slid 1.51%, and the Nasdaq composite lost 1.51%. U.S. equities have suffered theirContinue Reading
Week Ahead: OPEC, Non-farm payrolls and ISM Services PMI
Written on October 3, 2022 at 12:03 am, by anakin
This week will bring several major economic indicators to watch out for, including the release of the US Non-Farm Employment Change, Unemployment Rate, and Average Hourly Earnings. The US JOLTS report for August and ISM Manufacturing PMI and ISM Services PMI will also be released. Other crucial data releases include Switzerland’s Consumer Price Index andContinue Reading
