The US 10-year treasury note yield has been creeping steadily upward for several months now, indicating increased confidence in the US economy and perhaps increasing inflation expectations from rising commodity prices. This steady recovery had been generally ignored by investors
World markets are trading lower this morning as investors respond to more earnings reports and await today’s Fed monetary policy decision. Ahead of the meeting, the US dollar is trading higher against other majors, climbing 0.4% against the Euro, 0.5%
The last trading week in January is off to a mixed start as investors await a number of potentially significant economic and earnings developments due in the coming days. US index futures are mixed with NASDAQ futures up 0.8% and