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
The yield on the 10-year US Treasury note traded around 4.85% on Thursday, hovering at its highest level since October 2023 after the Treasury Department announced plans to buy back up to $6 billion in longer-term debt, three times the usual amount, though the move still disappointed some investors who had expected a more substantial increase. Rising oil prices, fueled by escalating tensions between the US and Iran, also stoked inflation concerns and strengthened expectations for near-term interest rate hikes. In addition, mounting fiscal worries and record corporate debt issuance, with AI companies accounting for more than $1.5 trillion in new borrowing, added to upward pressure on Treasury yields. Meanwhile, continued weakness in the Japanese yen prompted Tokyo to repeatedly sell Treasury securities in an effort to support the currency. Investors also remained focused on key US inflation data ahead of the Federal Reserve’s policy meeting next week.
