S&P 500 Futures print mild gains, yields retreat as more clues eyed to reconfirm hawkish Fed bets – by anilpanchal7 SP500 Futures YieldCurve Fed RiskAppetite
Recession woes remain on the table even as Fed policymakers, US data tame economic slowdown fears.
While portraying the mood, the S&P 500 Futures print 0.20% intraday gains as it reverses the previous day’s pullback from the highest levels since early February around 4,172. That said, the US 10-year and two-year Treasury bond yields pare the previous week’s 3.0% gains with minor losses around 3.52%% and 4.10% respectively.
Further, the looming fears of economic slowdown, mainly in the West, as per the latest analysis from the International Monetary Fund and the World Bank , keep the central bankers wary of hawkish moves. The same allow US Treasury bond yields to retreat, which in turn favors theto print mild gains around $2005, after snapping a four-day uptrend the previous day.
Above all, a light calendar and lack of macros allow traders to pare the previous day’s heavy moves ahead of this week’s preliminary readings of PMIs for April.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
State officials encourage Utahns to know their risk by checking Utah flood risk mapsIn an effort to empower Utahns who want to know the risk of flooding in their neighborhood, officials with the Division of Emergency Management have been actively preparing and updating flood risk information on their website.
Read more »
Montgomery County Animal Shelter waves adoption fees for more than 500 dogs and catsThe Montgomery County Animal Shelter is waving its adoption fees in hopes of finding homes for hundreds of animals after the recent seizure of more than 148 dogs and cats.
Read more »
NYC childcare company racked up hundreds of violations before fraud arrestA taxpayer-funded childcare company racked up nearly 500 violations over the last three years.
Read more »
She spent 500 days alone in an underground cave — and didn’t want to leaveSpanish athlete Beatriz Flamini's solo challenge was studied by scientists. Her 500 days in an underground cave meant she had no idea what was happening in the world.
Read more »
Online gaming chats have long been spy risk for U.S. militaryStep into a U.S. military recreation hall at a base almost anywhere in the world and you're bound to see it: young troops immersed in the world of online games, using government-funded gaming machines or their own consoles.
Read more »