Stocks, Bonds Struggle As Rate Uncertainty Lingers: Markets Wrap

<p>Global markets steadied on Thursday, with US equity futures and bonds trading slightly weaker as investors looked ahead to data on the labor market. Contracts on the S&P 500 dipped 0.3% and the yield on 10-year Treasuries edged up to 4.74%. The dollar was steadied, while West Texas Intermediate crude held around $84 a barrel. Investor sentiment remains fragile after wild moves across markets this week driven by US bond yields, the reference rate for the global cost of capital, soaring to multi-year highs. Weekly US jobless claims data is due later today, and the monthly payrolls report will be […]</p>
<p>The post <a rel="nofollow" href="https://vladimirribakov.com/stocks-bonds-struggle-as-rate-uncertainty-lingers-markets-wrap/">Stocks, Bonds Struggle As Rate Uncertainty Lingers: Markets Wrap</a> appeared first on <a rel="nofollow" href="https://vladimirribakov.com">Vladimir Ribakov</a>.</p>