The US yields are trading at session lows with the 10 year yield now down -6.8 basis points. The 2 year is down -3.8 basis points.
The fall in yields might be impacted by lower stocks as consumer sentiment fall while inflation expectations moved higher. That is not a good combination. Geopolitical risks are also higher leading to flight to safety flows.
Looking at the stocks, the snapshot at 1 PM shows:
Dow Industrial average is now down -597 points or -1.35% at 43578.12.S&P index is down -70.70 points or rise 1.16% at 6046.30.NASDAQ index is down -299 points or -1.50% at 19663.Russell 2000-50.22 points or -2.22% at 2211.52.In the FX market, the US dollar is mixed but mostly higher. Greenback is lower versus the JPY and near unchanged vs the CHF. The greenback is higher versus the EUR, GBP, CAD, AUD and NZD.
The USD changes vs the major currencies shows:
EUR +0.35%JPY -0.35%GBP +0.23%CHF -0.04%CAD +0.32%AUD +0.47%NZD +0.30% This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about stocks lower yields lower usd mixed was published today ( ) 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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