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Equities hit the skids as higher yields is still the name of the game

It's not a good look for equities now as US futures pare almost all of its earlier gains, despite even getting help from a gap higher at the open. European indices are also now all in the red, with the Eurostoxx down roughly 0.3% currently. It once again highlights the fact that the bond market is in charge of proceedings and traders are back to focusing on that after month-end and quarter-end last week.10-year Treasury yields are up nearly 6 bps to 4.63% at the moment and threatening a further... Read More

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Forex

Posted: Oct 2 2023, 09:54

Author Name: forexlive

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