HighNegative
Announced Sat, 25 Jul · 09:40 IST

Stocks mixed as oil prices pause climb but yields hover near highs

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

US 10-year Treasury yield hovered near 18-month highs at 4.679 percent while 30-year yields stayed close to a 19-year peak of 5.201 percent, as traders priced in a roughly one-in-three chance of a Fed rate hike as early as next week's meeting. Oil prices eased slightly but central bank hawkishness dominated sentiment, with a September Fed hike fully priced in and ECB September hike about 70 percent priced in. The dollar index posted its biggest weekly jump in about a month while the yen traded near 40-year lows around 163.84 per dollar, prompting warnings from the US Treasury about excess currency volatility.