Albert
Edited by Swiss Trader, 08 June 2007 - 05:30 AM.
30 Yr Us T-Bonds crash update
Started by
Swiss Trader
, Jun 08 2007 05:29 AM
1 reply to this topic
#1
Swiss Trader
-
- Traders-Talk User
- 1,264 posts
Member
Posted 08 June 2007 - 05:29 AM
Almost unbelievable... -3% in two days!!
Albert
Albert
#2
Swiss Trader
-
- Traders-Talk User
- 1,264 posts
Member
Posted 08 June 2007 - 05:59 AM
U.S. futures lower as bond yields approach 5.25%
By Steve Goldstein, MarketWatch
Last Update: 6:13 AM ET Jun 8, 2007
LONDON (MarketWatch) -- U.S. stock futures dropped on Friday as bond yields on 10-year Treasury notes approached 5.25% -- only a day after breaking 5% for the first time since August.
September-dated S&P 500 futures dropped 5.4 points at 1,498.30 and Nasdaq 100 futures fell 5.25 points at 1,902.00. Dow industrial futures fell 33 points.
U.S. stocks dropped on Thursday, taking losses on the Dow industrials to nearly 400 points over three sessions, on worries about rising bond yields, global interest rates and rising oil futures. The yield on the 10-year Treasury surged well past 5%, and in electronic trading on Friday, advanced further to 5.22%.
The higher bond yields rise, the less attractive by comparison stocks are.
America's burgeoning trade deficit will be back in focus on Friday with the release of April trade data, which is expected to show a $63.9 billion deficit.
The dollar rose sharply against the euro, with one euro fetching $1.3338, and rose 0.3% at 121.39 yen.
Crude oil futures dropped 70 cents to $66.23 a barrel. Gold futures dropped $5.80 to $659.40 an ounce.
The Nikkei 225 dropped 1.5% in Tokyo, and the FTSE 100 slipped 0.5% in London
By Steve Goldstein, MarketWatch
Last Update: 6:13 AM ET Jun 8, 2007
LONDON (MarketWatch) -- U.S. stock futures dropped on Friday as bond yields on 10-year Treasury notes approached 5.25% -- only a day after breaking 5% for the first time since August.
September-dated S&P 500 futures dropped 5.4 points at 1,498.30 and Nasdaq 100 futures fell 5.25 points at 1,902.00. Dow industrial futures fell 33 points.
U.S. stocks dropped on Thursday, taking losses on the Dow industrials to nearly 400 points over three sessions, on worries about rising bond yields, global interest rates and rising oil futures. The yield on the 10-year Treasury surged well past 5%, and in electronic trading on Friday, advanced further to 5.22%.
The higher bond yields rise, the less attractive by comparison stocks are.
America's burgeoning trade deficit will be back in focus on Friday with the release of April trade data, which is expected to show a $63.9 billion deficit.
The dollar rose sharply against the euro, with one euro fetching $1.3338, and rose 0.3% at 121.39 yen.
Crude oil futures dropped 70 cents to $66.23 a barrel. Gold futures dropped $5.80 to $659.40 an ounce.
The Nikkei 225 dropped 1.5% in Tokyo, and the FTSE 100 slipped 0.5% in London
