S&P 500 Futures step back from record top as US T-bond yields pause declinesNEWS |
6/29/2021 1:52:37 AM GMT
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By Anil Panchal
S&P 500 Futures print mild losses surrounding the all-time high.
Covid woes, Fedspeak trouble traders amid a light calendar.
US Treasury yields consolidate the heaviest daily losses in over a week.
S&P 500 Futures ease from the record top of 4,281.88, down 0.15% intraday around 4,274, during early Tuesday. In doing so, the risk barometer justifies the halt in US Treasury yields’ downside amid mixed concerns over the coronavirus (COVID-19) and the US inflation, not to forget chatters over infrastructure spending from US President Joe Biden.