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 MarketThe US 10-year yield rose to 4.23% on Friday, its highest level in over four months, as investors reacted to renewed political noise around the Federal Reserve and a reassessment of policy expectations. Reports of a criminal probe involving Chair Jerome Powell and a sharp shift in prediction markets toward Kevin Warsh as a potential successor unsettled confidence in the Fed’s independence, prompting investors to demand higher compensation for long-duration debt. The move was reinforced by resilient US data, with stronger industrial production and steady retail spending supporting the view that growth remains firm enough to sustain a higher-for-longer rate environment. Attention now turns to next week’s PCE inflation and GDP releases for clearer guidance on disinflation and the Fed’s reaction function, with the absence of softer readings likely to keep long-end yields higher. US bond markets will be closed on Monday for Martin Luther King Jr Day.
