10-Year Treasury Yield Approaches 4-Week High
The yield on the US 10-year Treasury note rose to 4.42% on Monday, hovering near the four-week highs reached last week, as traders assessed escalating tensions in the Middle East and a further increase in oil prices. Investors are also looking ahead to the Treasury Department’s announcement of its borrowing plans for the next three months, alongside several speeches from Fed officials and key economic data releases this week, including the jobs report. The US Treasury is widely expected to maintain the size of its quarterly refunding at $125 billion. On the data front, the US economy is projected to have added around 60,000 jobs in April, marking a sharp slowdown from 178,000 in March, while the unemployment rate is likely to have held steady at 4.3%. Markets currently anticipate that the Fed will keep the federal funds rate unchanged for the remainder of the year, although the probability of a 25 basis point rate hike in December stands at around 15%.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market




