Category: 10year

  • Dow, S&P 500, Nasdaq slide as 10-year Treasury yield, oil jump

    US stocks fell on Monday afternoon as the 10-year Treasury yield (^TNX) jumped above 4% for the first time since August a week before key inflation data and the start of earnings season. The Dow Jones Industrial Average (^DJI) fell 1.2%, about 400 points, after hitting a new record high…

  • US 10-year treasury yields back above 4%

    10-year Treasury yields were back above 4% in early trading Monday. US10Y is back above 4 percent It’s been a bit of a perfect storm for bonds: Inflation expectations rise as oil prices rise Better than expected US data combats recession fears (this should not be a fear but anyway)…

  • Fired CFO’s texts revealed a 10-year affair that led to higher pay and promotions, company says

    Royal Bank of Canada said it had evidence that its former chief financial officer had an intimate relationship with a colleague, but did not disclose it, citing text and email exchanges between the two. Canada’s largest lender filed a statement of defence and counterclaim Friday in its unfair dismissal lawsuit.…

  • Visitor arrivals in Kenya hit a 10-year high on free visa deal

    The number of visitors arriving through the country’s two main airports in the first three months of the year reached its highest level in at least a decade, coinciding with the visa-free policy that came into effect at the beginning of 2024. Official data showed that 409,164 visitors arrived in…

  • Stocks slide after weak economic data as 10-year yield falls below 4%

    U.S. stocks fell on Thursday as weak economic data weighed, despite better-than-expected META results and hints from the Federal Reserve that it could cut interest rates in September. The S&P 500 (^GSPC) fell about 1%, while the Nasdaq Composite (^IXIC) erased earlier gains to drop more than 1% after closing…

  • Revolut Secures 10-Year Lease in Canary Wharf, Enhancing its Commitment to London

    Leading fintech company Revolut has signed a 10-year lease for office space in the heart of Canary Wharf, marking a major boost to the prestigious financial district. The company will occupy the top four floors of the newly refurbished 30 South Colonnade building, now rebranded as YY London. Subject to…

  • OPEC+ plan turns hedge fund bullish bets on crude oil to 10-year lows (NYSEARCA:USO)

    Slavko Sereda/iStock via Getty Images Crude oil futures fell for a third straight week, which began with a sell-off sparked by OPEC+’s decision to reduce 2.2 million barrels per day in voluntary production cuts later this year, gradually leading to some barrels returning to the market later this year. In…

  • Treasury yields rise after US 10-year auction. Chart consolidates

    Treasury yields rise after US 10-year auction. Chart consolidates

    US 10-year returns Where do 10-year returns belong? In the past year, they have traded from 3.7% to 5.0% as the market faces questions about future inflation and interest rates. The midpoint of this range is 4.35%, which is just below 4.49% currently. Yields rose 2 basis points today after…