S&P 500 Futures print six-day downtrend, Treasury bond yields lick their wounds amid mixed sentiment – by anilpanchal7 SP500 Futures YieldCurve China RussianFederation
Also likely to have probed the market moves could be the unimpressive prints of data from Australia and Japan.
It’s worth noting that the benchmark 10-year Treasury bond yields dropped to the lowest levels since early September by losing 3.30% on Wednesday. On the same line, the two-year counterpart dropped 2.54% amid the rush for risk safety. With this, the US Treasury bond yield curve, the difference between the long-dated and the short-term bond yields, inverted the most in over forty years and highlighted the recession woes.
Talking about the data, Japan’s final readings of the third quarter Gross Domestic Product came in better than initial forecasts as the QoQ figures improved to -0.2% versus -0.3% while the GDP Annualized came in -0.8% versus -1.1% expected and -1.2% prior.
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Emperor king's top secret assassination letter finally decrypted after 500 yearsHarry is a U.K.-based staff writer at Live Science. He studied Marine Biology at the University of Exeter (Penryn campus) and after graduating started his own blog site 'Marine Madness,' which he continues to run with other ocean enthusiasts. He is also interested in evolution, climate change, robots, space exploration, environmental conservation and anything that's been fossilized. When not at work he can be found watching sci-fi films, playing old Pokemon games or running (probably slower than he'd like).
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