Rising Treasury yields cap global stocks; traders weigh tariffs, Fed rate cuts

Ramona Turcu

(Refiles to fix typo in headline) By Chibuike Oguh, Alun John NEW YORK/LONDON :A selloff in global bonds continued on Wednesday, pressuring Wall Street stocks and boosting the dollar as signs of continuing strength in the U.S. economy dimmed expectations for aggressive near-term interest rate cuts. The benchmark 10-year U.S. Treasury yield rose as high as 4.73 per cent, a peak since April 2024, building on Tuesday's 7 basis point rise. It was last up 0.2 basis points to 4.687 per cent. On Wall

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Stocks down as Treasury yields gain; traders weigh tariffs, Fed rate cuts https://www.channelnewsasia.com/ - 08.01.2025 23:40
Stocks down as Treasury yields gain; traders weigh tariffs, Fed rate cuts https://www.channelnewsasia.com - 08.01.2025 23:29
Stocks down as Treasury yields gain, with traders weighing tariffs, Fed rate cuts https://www.channelnewsasia.com/ - 08.01.2025 21:36