US futures edge lower under sustained pressure from bond markets
Investors are watching Fed minutes and earnings as the 10-year Treasury yield stays near 5.3% and Brent crude tops $100 a barrel.
- U.S. futures retreated Wednesday as sustained bond market pressure weighed on equities after oil prices climbed back above $100 per barrel, with S&P 500 futures dipping 0.1% from a record close.
- Treasury yields have surged to more than 20-year highs in recent weeks, driven by stubborn inflation and the Federal Reserve's interest-rate path, with the 10-year yield rising to 5.33% and the 30-year climbing to 5.71%.
- Elevated Treasury yields threaten artificial intelligence companies by raising borrowing costs, as high bond yields make it more expensive for everyone to borrow and undercut prices for growth investments.
- Technology stocks led declines before the opening bell, with Micron Technology dropping more than 3% and Advanced Micro Devices declining nearly 2%, while Nasdaq futures fell 0.4%.
- The Federal Reserve will release minutes from its September meeting later this week when the central bank raised rates for the first time in three years, while analysts project nearly 30% earnings growth for S&P 500 companies as PepsiCo reports Thursday and Delta Air Lines releases results Friday.
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23 Articles
The relief in the French debt Yields, which fell by about 10 basis points to close to 4.75%, helped to calm the nerves after the budgetary concerns in France and the convening of early elections in Spain. The German industrial production data of August and the French trade balance will be the main indicators of the day on the continent.
Post Register
US futures edge lower under sustained pressure from bond markets
U.S. futures are falling as the bond market continues to pressure stocks ahead of the release of the Federal Reserve’s latest minutes. Futures for the S&P 500 and Dow Jones Industrial Average both declined 0.2% on Monday. Nasdaq futures dropped…
Bond market tensions ended a record rally in the US stock market. US stock markets ended lower on Wednesday, affected by the situation in the bond market and the minutes of the last Fed meeting. The price of Brent crude oil also remained at $100 per barrel. US Stock Exchange, Investing, Stock, Artificial Intelligence, NASDAQ, US, index fund.
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