The yields on U.S. Treasury notes have been gradually increasing, as investors prepare for a significant week of economic events and two government paper auctions. Key Updates: The yield on the 2-year Treasury rose by 1 basis point to 4.74%. This follows a significant jump of 14.7 basis points on Friday, marking the largest one-day increase since June. Remember, yields move in … [Read more...] about U.S. Treasury Yields Rise as Investors Brace for Busy Week
economic indicators
U.S. Employment Trends Show Signs of Cooling
The U.S. employment market seems to be heading for a slowdown, as indicated by a decline in the Employment Trends Index in August. The Conference Board, a private-research group, reported that the index fell to 113.02 from 114.71 in July, marking its lowest level in over a year. This downward trend has been consistent since March 2022. Despite the decline, the index still … [Read more...] about U.S. Employment Trends Show Signs of Cooling
Wall Street Anticipates Fed Interest-Rate Pause in September
Wall Street analysts are speculating that the Federal Reserve will halt its series of interest-rate increases in September. As traders eagerly await the release of the minutes from the Fed's July 25-26 meeting, they hope to gain valuable insights into the central bank's future actions. These minutes, scheduled for release at 2 p.m. Eastern time on Wednesday, are highly … [Read more...] about Wall Street Anticipates Fed Interest-Rate Pause in September
U.S. Stocks Show Marginal Gains After Inflation Report Release
Overview U.S. stocks experienced slight upward movement on Thursday, following the release of the much-awaited inflation report for July. Despite a significant initial surge, the market only saw modest gains by the end of the trading session. Key Details The S&P 500 (SPX) edged higher by 1.20 points, or less than 0.1%, reaching 4,468.91 as per preliminary data from … [Read more...] about U.S. Stocks Show Marginal Gains After Inflation Report Release
Signs of Weakening U.S. Job Market
Recent data indicates a decrease in hiring activity across industries, suggesting a weaker U.S. job market. In July, the country witnessed the addition of a respectable 187,000 new jobs; however, nearly half of these were concentrated in just a few sectors. The diffusion index - a measure in the monthly jobs report that compares the percentage of industries hiring to those … [Read more...] about Signs of Weakening U.S. Job Market
