Equities stay more sluggish as rising yields keeps optimism in check ...Middle East

Here's a snapshot of thing currently:Eurostoxx -0.2%Germany DAX -0.1%France CAC 40 -0.4%UK FTSE -0.2%S&P 500 futures -0.2%Nasdaq futures -0.2%Dow futures -0.4%The declines aren't anything too significant and can still be seen as investors just taking some off the top from the surging gains before this. But rising yields is definitely a threat that could lead to a deeper retracement in equities, so that's something to be wary about.10-year Treasury yields are up another 2 bps to near 4.23% on the day and 2-year yields are holding back above 4% at around 4.05% now.As the overall risk mood keeps more sluggish, the dollar remains in prime position still. AUD/USD is now down 0.4% to 0.6655 with U

Hence then, the article about equities stay more sluggish as rising yields keeps optimism in check was published today ( Wednesday 23/10/2024 - 01:05 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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