Page 3 - Treasury Yield News Today

Allianz chief economic adviser and well-known economist Mohamed El-Erian pays close attention to the bond market, as it can often be an indicator for future stock market performance and broader economic conditions.

Markets were slightly higher on Wednesday, leaving the S&P 500 to hover just below its all-time closing high of 4,796.56.

Danbury-based Union Savings Bank held a webinar on Dec. 11 providing an economic outlook for the coming year.

Asian equities were mixed, as Mainland China, Hong Kong, and India outperformed while Japan, Taiwan, and South Korea underperformed.

The three were the only ones among the 40 economists and strategists surveyed by Bloomberg who correctly predicted that the benchmark Treasury rate would rise over 4% to end this year near its current level.

Highlights Of US Markets In the last week, U.S. stock markets exhibited mixed performances, with major indexes ending with slight gains. The US benchmarks, the S&P 500 and Dow Jones, ended the week with +0.21% and +0.01%, respectively. The technology-heavy Nasdaq Composite gained 0.69%, while the Nasdaq 100 closed at +0.54% for the week.

Since the last Fed meeting, "financial conditions have eased somewhat (paradoxically increasing the chances of another rate hike)," S&P said.

In this article, we discuss Brad Gerstner and his top 10 stock picks.

Treasury yields, whose steady rise over the last few months has weighed on stocks, have rapidly retreated: the benchmark 10-year Treasury yield stood at 4.43 percent early on November 17, from a 16-year high of just above 5 percent last month.

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