Market Reaction: 10-Year U.S. Treasury Yield Skidded from Near 4.635% to Below 4.61%, Turning Negative; Two-Year Yield Dropped from Around 4.32% to Near 4.24%. Spot Gold Rose from Near $4,040 to Above $4,081, Gaining Over 1.2%. S&P 500 Fell 0.2%, Dow Jones Industrial Average Dropped 1.1%, NASDAQ Composite Index Turned Positive
Complete. Here is the key summaryShort-term yields on the 10-year and 2-year U.S. Treasuries skidded and turned negative, while spot gold rose by over 1.2%. In U.S. stocks, the S&P 500 fell 0.2%, the Dow Jones Industrial Average dropped 1.1%, and the NASDAQ Composite Index turned positive
Market Reaction: The 10-Year U.S. Treasury Yield skidded in the short term from near 4.635% to below 4.61%, turning negative overall; the two-year U.S. Treasury yield dropped from around 4.32% to near 4.24%, also turning negative overall. Spot gold rose from near $4,040 to above $4,081, with a gain of over 1.2%. The S&P 500 fell 0.2%, the Dow Jones Industrial Average dropped 1.1%, and the NASDAQ Composite Index turned positive.
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