S&P 500 Futures dribble around six-week top, Treasury bond yields struggle amid mixed clues – by anilpanchal7 SP500 Futures YieldCurve RiskAppetite Equities
While portraying the mood, the S&P 500 Futures resist following Wall Street’s gains while retreating from the six-week high marked the previous day, making rounds to 4,030-35 at the latest. On the same line, the US 10-year and two-year Treasury bond yields snap three-day recovery moves by struggling around 3.51% and 4.21% by the press time.
Furthermore, news that the US confronts China over companies’ ties to the Russian war effort, shared by Bloomberg, joins the talks surrounding the US debt ceiling in the Senate to probe the market optimists. It’s worth noting that the cautious mood ahead of the first readings of January’s S&P Global PMIs and the fourth-quarter Gross Domestic Product for the US seems to challenge the momentum traders amid China Lunar New Year holidays and the Fed silence.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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