Introduction U.S. stock futures are approaching their peak levels for the year as benchmark borrowing costs remain near their lowest point since the summer. Current Stock-Index Futures Trading S&P 500 futures (ES00) have risen by 10 points or 0.2% to 4778. Dow Jones Industrial Average futures (YM00) have gained 49 points or 0.1% to 37710. Nasdaq-100 futures (NQ00) have … [Read more...] about U.S. Stock Futures Show Promise as Borrowing Costs Remain Low
U.S. economy
Rise in Long-Term Yields and Strength of U.S. Economy
Treasury Secretary Janet Yellen believes that the recent increase in long-term yields is a direct result of the unexpected strength of the U.S. economy. In an interview with Bloomberg Television, Yellen stated that the rise in yields reflects the resilience of the economy, highlighting the absence of a recession and the continuous strength in consumer spending and demand. She … [Read more...] about Rise in Long-Term Yields and Strength of U.S. Economy
Bond Yields Rise to 15-Year Highs as U.S. Economy Prospers
What's Happening The yield on the 2-year Treasury (BX:TMUBMUSD02Y) remained steady at 4.965%. The yield on the 10-year Treasury (BX:TMUBMUSD10Y) increased by 3.1 basis points to 4.287%. The yield on the 30-year Treasury (BX:TMUBMUSD30Y) rose by 5 basis points to 4.406%. What's Driving Markets On Thursday, important updates on the U.S. economy will be released, including the … [Read more...] about Bond Yields Rise to 15-Year Highs as U.S. Economy Prospers
A Soft Landing in the U.S., but Challenges Abroad
The U.S. economy appears to be experiencing a much-anticipated soft landing, thanks to careful interventions by the Federal Reserve. The central bank's measured increase in interest rates has resulted in a well-balanced economy with reduced inflation. This positive outcome bodes well for Americans. However, the situation is quite different in other parts of the world. Europe, … [Read more...] about A Soft Landing in the U.S., but Challenges Abroad