"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," Jeremy Siegel said.
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
The S&P 500 dipped 0.8 percent, the Dow Jones dropped 267 points and the Nasdaq composite was down 1.1 percent Friday morning.
The last jobs report of 2024 is due this morning. Follow along for live analysis of the December payroll data. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P ...
A recent surge in U.S. Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that ...
Wall Street’s reaction to the strong December jobs report shows just how much bond yields and interest-rate expectations are driving the stock market these days. The Dow was down 600 points ...
Investors are starting 2025 with a conundrum: how to protect against potentially bigger risks while not missing out on a ...
It’s kind of a horror show,” hiring platform Greenhouse’s CEO Jon Stross said Sunday. “The job market has become more ...
The Sensex hit an intraday low of 76,535.24 during the trading session, and was down 744.23 points to 76,634.67 at around ...