S&P500 Futures, yields struggle to justify US policymakers’ optimism about debt ceiling talks – by anilpanchal7 SP500 Futures YieldCurve RiskAversion FiscalPolicy
Market sentiment remains mildly positive as US President Biden, Treasury Official Adeyemo push back default fears.
improves a bit during early Monday as the US policymakers hint at a solution to the looming US debt ceiling expiry. Adding strength to the market’s cautious optimism may be the lack of major data/events, as well as mixed comments from the Group of Seven nations. Amid these plays, S&P 00 Futures struggle during the third day of losses near 4,135 whereas the US 10-year and two-year Treasury bond yields remain sidelined around 3.46% and 3.98 respectively, after rising the most in three days on Friday.
Also positive were comments from US Deputy Treasury Secretary Wally Adeyemo while speaking at the CNN interview as he said, “The congressional staff has been "constructive," as the two sides seek a deal to avert a possible first-ever US default on June 1.”
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.
Breaking down the futures of every Knicks player ahead of pivotal offseasonThe Post’s Zach Braziller breaks down the roster and each player’s status entering an interesting offseason for coach Tom Thibodeau and Co.
Read more »
Qmmunity: Stick TogetherIn light of frightening futures, the queer community must stand together.
Read more »
Record breaking heat for Mother's Day & MondayRecord heat continues for Western WA with Mother's Day pushing to near 90. Slightly cooler highs next week, but still above normal for this time of year. FOX13
Read more »
County prepares for quiet transition as Nathan Fletcher leaves office MondayFletcher, once considered a rising political star with a possible future in state government, steps down Monday amid sexual misconduct accusations
Read more »