The 10-year Treasury yield slipped further on Monday 18th December 2023, as the final full trading week of 2023 gets underway. Traders are attempting to digest the ‘dovish’ tone of the U.S. Federal Reserve. The central bank held its key interest rate at 5.5% and revealed that policymakers were pencilling in at leastRead More →
The latest U.S. job data indicates that job growth accelerated in November 2023, with seasonally adjusted non-farm payrolls increasing by 199,000. The unemployment rate has dropped to 3.7%, even as more workers entered the labour market. This points to underlying strength in the labour market and is a positive sign for the U.S. economy. Read More →
The Nasdaq is a stock market index that tracks the performance of over 3,000 companies, mostly in the technology sector. Correction A correction is a term used to describe a decline of 10% or more from a recent peak in the price of an asset. The Nasdaq entered correction territory onRead More →
The U.S. Treasury yields are the interest rates that the U.S. government pays to borrow money for different periods of time. The 10-year Treasury yield is one of the most important indicators of the state of the economy and the expectations of inflation and growth. On 23rd October 2023, the 10-yearRead More →