June 01, 2022: -On Tuesday, U.S. Treasury yields surged as investors kept weighing the increasing inflation globally and the chance of a slowdown in economic growth.
The benchmark 10-year Treasury note yield was higher by 6.1 basis points at 2.81% at 7:14 a.m. ET. The yield on the 30-year Treasury bond jumped from 3.7 basis points to 3.013%. Yields move inversely to prices, and one basis point equals 0.01%.
On Tuesday, according to the Eurozone data released, prices rose for a seventh straight month, with inflation reaching 8.1% for May. Oil prices grew broadly on Tuesday, adding to concerns of strong inflation delaying economic growth.
Regardless, a U.S. inflation reading on Friday showed that pricing pressures could ease, which boosted sentiment.
“There’s been progress over the past two weeks, and it appears we have met peak inflation and peak hawkishness,” wrote Tom Essaye of The Sevens Report. “But the key is the speed of the decline, and right now, it’s not fast enough to say this key to the bottom has been satisfied.”
This week, the investor will be focusing on jobs data, with the near watched nonfarm payroll report due out on Friday.
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
Corporate leaders play a pivotal role in shaping organizational cultures that embrace diversity and foster inclusivity. How can these …
January 30, 2025: An American Airlines regional jet collided midair with a U.S. Army Black Hawk helicopter near Washington
January 29, 2025: A newly deployed AI chatbot in France has sparked widespread public debate, with concerns over misinformation
January 27, 2025: President Donald Trump’s administration has moved swiftly to dismantle diversity, equity, and inclusion (DEI)
January 23, 2025: A massive wildfire near Los Angeles has engulfed thousands of acres in a matter of hours, forcing tens of thousands to evacuate
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
