Major indices trading mixed in early US trading

<p>As the bell rings and your stock trading gets underway on the major exchanges, the major indices are trading mixed. With 6 minutes now gone since the opening bell </p><ul><li>The Dow industrial average is trading up 16 points or 0.05% at 33565.85</li><li>S&amp;P index is trading down -2.88 points or -0.06% at 4271.43</li><li>NASDAQ index is trading down -50 points or -0.39% at 13042.37</li></ul><p>looking at the US debt market, the yield curve is steepening:</p><ul><li>2 year yield 5.097% -4.3 basis points</li><li>5 year yield 4.697% -0.8 basis points</li><li>10 year yield 4.659%, +3.3 basis points</li><li>30 year yield 4.789%, +5.6 basis points</li></ul><p>For a look at US yield curve, inflation fighting problems, and the idea that it's time to pay the piper for QE, see Adam's post <a href="https://www.forexlive.com/news/the-long-end-disconnect-helps-to-explain-why-the-fed-is-struggling-to-control-inflation-20230928/" target="_blank" rel="follow">here</a>. Must read.</p><p>Crude oil is trading at $92.65, down over $1 on the day.</p>

This article was written by Greg Michalowski at www.forexlive.com.