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USTs spiked 17 basis points on the short end and 15 to 12 10-years and out following the release, while triple-A curves saw yields rise two to five basis points, depending on the yield curve, in a more muted and typical reaction for the asset class.
The typical summer slowdown may be more pronounced this year
The typical summer slowdown in U.S. stock markets may be more pronounced this year with inflation jitters and an early presidential debate that have the potential to weigh on a rally that has pushed... -May 26, 2024 at 09:00 am EDT - MarketScreener
The typical summer slowdown in U.S. stock markets may be more pronounced this year due to inflation jitters and an early presidential debate. The rally that pushed the S&P 500 near record highs may face challenges from Federal Reserve decisions and Treasury bond yield movements.
(Bloomberg) — The stock market ended the week on a positive note after a blowout jobs report signaled the US economy will continue to power Corporate America — even if that means the potential for still elevated interest rates. All major groups in the S&P 500 gained, with the gauge rising more than 1%. Wall…