Treasury yields ease with US stocks flat to up
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Rising Treasury Yields Tell Us About the Economy
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Asian stocks have advanced as U.S. Treasury yields eased after a rocky week due to worries in the bond market over mounting U.S. government debt.
The S&P 500 closed near the flatline on Thursday, while the Dow Jones Industrial Average and Nasdaq Composite finished the session marginally lower.
Investors have focused this week on a selloff in the Treasury market. But it hasn't affected all Treasurys. Short-term debts, like the 2-year note, have been stable. Only longer-term instruments, like the 10-year note and 30-year bond,
Wall Street slumped on Wednesday under the weight of pressure from the bond market, where Treasury yields climbed on worries about the U.S. government's spiraling debt and other concerns.
U.S. Treasury yields remained elevated on Thursday as the country’s growing fiscal deficit became a key concern for investors this week.
U.S. equity-index futures have turned lower an hour-and-a-half ahead of the opening bell on Wall Street. The S&P 500 is now in line for a 0.2% fall, having shown minor gains for much of the session. T
US stocks slid Wednesday afternoon as bond yields continued to climb, putting pressure on equities. Investors weighed a flare-up in US-China tensions over chips and assessed retail earnings highlighted by Target (TGT) for insight into the economic impact of President Trump's tariffs.
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