Category: 10year

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

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    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%

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    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

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    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

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    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%

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    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

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    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)

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    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

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    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…