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Market move● Neutral for Indian equities
US stocks: US market ends slightly lower as bond yields hold near multi-decade highs
The brief
- US stocks closed slightly lower as consumer confidence fell to its lowest level in over 12 years
- US 30-year Treasury yield reaches highest level since 2002, topping 5.6%
- U.S. Treasury Yields Edge Higher, Hover Near Recent Highs
- Trump cancels nearly $1bn in US spending using rare ‘pocket rescission’ power: What is it?
- Soaring bond yields ‘not even close’ to cooling red-hot US economy, investors say
- AI-driven US growth holds up despite higher rates, unsettling Treasury investors