10-Year Treasury Yield Hits Highest Since 2023

MacroGeopoliticsDigital Finance Impact 4
โดย CNBC·US·Read original
Summary · why it matters

U.S. stock futures fell Wednesday as the 10-year Treasury yield climbed to its highest level in nearly three years, with rising oil prices adding to inflation concerns. The yield reached 4.814% intraday, its highest since November 2023, while Dow futures slipped 66 points, S&P 500 futures lost 0.2%, and Nasdaq 100 futures fell 0.6%. West Texas Intermediate crude surpassed $90 per barrel, a level not seen since late July, following U.S. military strikes against Iran, and Brent crude stood at $94.62, about $20 above pre-conflict levels. Bond yields rose globally, with Germany's 10-year yield at 3.39%, potentially its highest close in 15 years, and borrowing costs in France and Japan also drifted higher. Overseas equities fell broadly, with Japan's Nikkei down 2.85%, South Korea's Kospi off 4%, and European markets also weaker. Investors await ADP payrolls, factory orders, the Fed's Beige Book, and earnings from Hewlett Packard Enterprise, Snowflake, and Broadcom.

Impact on stocks 5

Artificial Intelligence · 2 stocks
Broadcom Inc
AVGO
▼ NegativeMonetaryrelevance

Rising Treasury yields and inflation concerns pressure high-valuation tech stocks like Broadcom.

Cloud & Digital Infrastructure · 1 stocks
Snowflake Inc.
SNOW
▼ NegativeMonetaryrelevance

Rising yields and inflation concerns pressure high-multiple software stocks like Snowflake.

Others · 2 stocks