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
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STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The yield on the US 10-year Treasury note traded around 5% on Wednesday, remaining near its highest level since July 2007 as investors awaited the latest Federal Reserve policy decision, with the central bank widely expected to raise interest rates as policymakers seek to contain inflationary pressures. Markets are currently pricing in roughly a 92% probability of a 25-basis-point increase, marking the first rate hike in around three years. Traders will also look for signals on another potential rate hike later this year, with expectations rising for a move in October or December. Treasury yields were further supported by elevated oil prices, which increased inflation risks, alongside mounting fiscal concerns in the US. Meanwhile, Treasury Secretary Scott Bessent told Congress on Tuesday that the US fiscal outlook had improved in 2026, adding that discussions on fiscal consolidation would follow.
