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
astăzi
din zilele anterioare