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 10-year US Treasury yield traded around 4.7% on Friday after rebounding sharply in the previous session amid concerns that the government’s plan to reduce borrowing costs may provide only a temporary solution. The 30-year yield also climbed to around 5.25%, nearly erasing Wednesday’s decline after the US Treasury Department announced larger debt buybacks. The moves came despite Treasury Secretary Scott Bessent saying that accelerated debt buybacks could exceed the announced $4 billion per issue and highlighting an upcoming fiscal plan, while adding that the US budget deficit has likely peaked under President Donald Trump. Longer-dated Treasury yields have surged since July amid increased debt issuance by AI companies and rising federal deficit spending. Meanwhile, higher oil prices as the US prepares sweeping new economic sanctions against Iran also added to inflation concerns.
