10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace
- The Nasdaq reached a record high in the United States on Tuesday, advancing 0.5 percent as investor enthusiasm for technology drove markets higher alongside retreating oil prices.
- Brent North Sea Crude trended toward pre-war levels, easing supply concerns that had fueled inflation worries and interest-rate hikes amid Middle East crisis uncertainty.
- Sam Stovall of CFRA Research noted markets were buoyed by expectations of dropping interest rates but warned that "a crack in the AI story could see stocks across the tech sector hit an air pocket."
- Paramount completed its takeover of Warner Bros Discovery, uniting two Hollywood studios, while Skydance shares fell 2.7 percent on Wall Street and Asos slumped more than nine percent in London trading.
- Goldman Sachs expects corporate borrowing to reach $1.2 trillion by 2027, though analysts caution that only technology and energy sectors currently trade above their 50-day moving average.
225 Articles
225 Articles
US stocks hit fresh records as oil stabilizes on rising supplies
On Wall Street, the technology-focused Nasdaq index advanced 0.5 percent to a new high, coming off a record set on Monday driven by AI enthusiasm. The S&P 500 also hit a new record after rising 0.6 percent. The brisk trading in New York stoked European stock markets, after gains across most Asian equity markets. Oil prices were subdued as Gulf exports inch back toward pre-war levels, with the international benchmark Brent North Sea crude closin…
US Stocks Flirt With a Record After Oil Prices Ease
U.S. stocks are rising Tuesday and on track to hit an all-time high after oil prices gave back some of their big recent gains. The S&P 500 added 0.5% and was on pace to finish the day above its record set in August. The Dow Jones Industrial Average was up 185 points, or 0.4%, as […]
The NASDAQ rose 1.05 percent yesterday to new record highs, while the S&P 500, jumping 0.66 percent, closed just 0.5 percent off a new record. Yesterday's rally was quite broad: almost all sectors except real estate grew, while the best results were recorded by the sectors of raw materials (+1.2%), communications services (+1.1%) and energy (+0.9%).
The United States long-term government bonds have continued to grow, and on 5 October they have been updated since 2002.
US Market: Borrowing costs surge as debt burden limits policy options
US borrowing costs are rising as Treasury yields remain elevated, with federal debt surpassing $40 trillion and annual interest payments nearing $1 trillion. Policymakers could use debt buybacks, Operation Twist or yield-curve control, but these carry inflation risks. Economists argue fiscal discipline, spending restraint and stronger revenues offer the more sustainable solution.
Coverage Details
Bias Distribution
- 49% of the sources are Center
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
