“Treasury Yield Plummets: Traders Eye Inflation Data, Debt-Ceiling Breakthrough in 2-Month T-Bill Slump”
The US Treasury market experienced a decline in yields on Wednesday afternoon, led by the yield on the 2-month T-bill. This comes as traders considered April’s consumer-price index data and the possibility of a resolution to the US debt ceiling in the coming months. The 2-month rate dropped to 5.009% as of 12 p.m. Eastern […]
“US Stocks Conquer Volatility: Soar Post-Inflation Data Reveal, Market Resilience Showcased!”
US stocks mostly saw gains on Wednesday, with the S&P 500 and the Nasdaq Composite ending the day in the green, while the Dow Jones Industrial Average was slightly down. This came after a report showed that inflation pressures in April eased around as much as expected, and the market reacted accordingly. The S&P 500 […]