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US Treasury yields retreated after the 10-year yield slipped back below 5%. Investors shifted focus to high-profile earnings and economic data. The CEO of State Street, one of the world's largest asset managers, predicted that the 10-year yield will top out at 5%. Yesterday, the yield was above 5% but is now close to 4.8%. The decline in yields led to a rebound in stocks. The US dollar slumped to a one-month low as yields declined. There are concerns about whether yields will rise further.
Wall Street ended lower across the board after Google-parent Alphabet posted disappointing earnings and Treasury yields moved back up near 5%, renewing expectations of prolonged elevated interest rates heading into 2024 https://t.co/4WtTTiyzsF https://t.co/yQTKCzX2Xh
US stocks tumbled in a broad sell-off as Alphabet shares slid after the Google parent posted disappointing earnings and a rise in US Treasury yields led to fears that interest rates could stay higher for longer https://t.co/4WtTTiyzsF https://t.co/F6NWDDcagu
US stocks tumbled as Alphabet shares slid after the Google parent posted disappointing earnings and as US Treasury yields rose, reviving fears that interest rates could stay higher for longer https://t.co/4WtTTiyzsF https://t.co/IPQ1y4bPx3
🇺🇸 TREASURY 10-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 4.927%
The 10-year note yield is rising at its fastest pace since 1980. Over the last 3 years, the 10 year note yield is up over 400 basis points. The last time this happened was when Paul Volcker was Fed Chairman and the 10-year note yield hit 16%. Even in 2008, treasury yields only… https://t.co/RNDZrjmdpn https://t.co/zODvg1TFey
Treasury yields rose, retracing about half of their declines from multiyear highs reached earlier in the week, amid expectations that auction size increases will be announced next week. https://t.co/qo3820i7Je
U.S TREASURY 30-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 5.04%
Treasury yields hold steady as investors assess state of economy https://t.co/EptbfZdL3Y
Wall Street ended higher as a series of upbeat corporate earnings and an easing of the benchmark 10-year Treasury yield led to a rally Read more: https://t.co/CZoCZCvL4p https://t.co/tFogSmQesz
Stocks making the biggest moves after hours: Microsoft, Google, Snap and more https://t.co/fKeonHzvCE
Microsoft and Alphabet shares went in opposite directions postmarket after reporting earnings after the close https://t.co/w7O1amEgTt
The US 10-year Treasury - the most important financial asset in the world - hit a bit of an unwelcome milestone yesterday, as yields breached 5% for the first time since 2007. Is that it, or have they further to rise? https://t.co/1TLeDFg6Le
Futures advance as Treasury yields take a breather; earnings in focus https://t.co/E4EKWS8kD1 https://t.co/BR2Vx8rt86
The US 10-year Treasury - the most important financial asset in the world - hit a bit of an unwelcome milestone yesterday, as yields breached 5% for the first time since 2007. Is that it, or have they further to rise? https://t.co/3hjXjwfHrJ
The US dollar slumps to a one-month low as US yields decline https://t.co/Yky72YE123 https://t.co/OpI4PFmyPH
Stock Market Today: Treasury rebound gives stocks a lift; mega-cap tech earnings on deck https://t.co/VRcMBJ6YHK
Yesterday at this time, 10-year yields were above 5%. Right now they're close to 4.8% https://t.co/xt2Nwv5M9N
Treasury yields continue retreat after 10-year slips back below 5% https://t.co/YeqkE8qSM0
WATCH: US stocks wavered to a mixed close as benchmark US Treasury yields backed down from 5% and investors shifted their focus to this week's high-profile earnings and closely watched economic data https://t.co/ulwK1V7GQN https://t.co/3zFzcpKnin
The yield on 10-year US Treasuries will “probably” top out at 5%, according to the CEO of State Street, one of the world’s largest asset managers https://t.co/GtWiRdImMU