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. Read More Details
Finally We wish PressBee provided you with enough information of ( Stocks lower. Yields lower. USD mixed. )
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