US T-bond yields ease from two-week top, S&P 500 Futures defend 4,700 as Omicron, holidays play their roles By anilpanchal7 RiskAppetite Bonds YieldCurve Equities Coronavirus
Omicron woes battle stimulus hopes, holiday season amid a sluggish session.Risk sentiment dwindles during early Monday as global traders cheer the holiday mood during the final days of 2021.
The Omicron woes resulted in the cancellations of over 4,500 flights during the Christmas weekend. However, global policymakers remain hopeful to overcome the pandemic amid promising studies showing lesser hospitalizations. Additionally, a report from Mastercard, shared by Reuters, shows that the US retail sales rose 8.5% during this year's holiday shopping season from Nov. 1 to Dec. 24.
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