Monday’s small stock market gains quickly evaporated overnight. Signs that central banks remain under pressure to tighten faster and do more about inflation as the US 10-year treasury note yield climbed back up above 3.00% and the Reserve Bank of
It’s one of those days where there isn’t one big event but rather a series of smaller events are moving selected markets. US index futures are steady this morning ranging from flat Dow Futures to a gain of 0.3% for
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