10 Year Treasury Yield Drives Stock Market Hesitance
Wednesday, 23 October 2024, 04:00
Market Reactions to the 10 Year Treasury Yield
The 10 year treasury yield has continued to ascend, causing ripples across the financial landscape. Market participants are responding to various economic indicators, leading to uncertainty in stock trading.
Key Economic Indicators Today
- 9:00 a.m. Eastern: Fed Governor Michelle Bowman speaks at a fintech conference
- 10:00 a.m.: U.S. existing home sales for September
- 10:30 a.m.: U.S. weekly crude inventories release
- 1:00 p.m.: Treasury announces results of $13 billion auction of 20-year notes
- 2:00 p.m.: Federal Reserve Beige Book publication
With the 10 year treasury yield on the rise, traders are closely monitoring these developments for their potential market implications.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.