23-April-2024
Economy News
 
Inflation rise expectation, long-term borrowing show US markets at risk
05-Mar-2021

Stocks fell with US futures on Thursday as traders awaited remarks from Federal Reserve Chairman Jerome Powell following a renewed bout of bond volatility. Treasury yields stabilized. The Stoxx 600 Index slipped 0.7%, dragged lower by miners as gold held near a nine-month low. S&P 500 and Nasdaq 100 contracts declined though were off their session lows, spurred by the 10-year Treasury yield approaching 1.5% on Wednesday and rising inflation expectations.

News Source:- https://www.hindustantimes.com/business/inflation-rise-expectation-long-term-borrowing-show-us-markets-at-risk-101614852115568.html