
U.S. stock futures are trending higher as bond yields experience a slight decline following a mixed week for stocks. The week saw significant fluctuations in bond yields, with the two-year yield surpassing 4% and the ten-year yield returning to levels not seen since July, prior to a Federal Reserve interest rate cut of 50 basis points in August. Despite rising inflation concerns and political developments surrounding the U.S. presidential election, risk-asset investors appeared largely unfazed by these factors, indicating a resilient market sentiment. The overall takeaway from the week is that the volatility in yields and political discourse did not significantly impact bullish sentiment among investors.
#WallStreet Bulls End Week Unrattled After Fast Run-Up in Yields - Bloomberg
🇺���� #WallStreet Bulls End Week Unrattled After Fast Run-Up in Yields - Bloomberg https://t.co/twILsKeYft https://t.co/tafOQi71O7
After a week when CPI fears revived, bond yields jumped & US presidential politics stewed, the biggest takeaway for risk-asset bulls may be how little any of it ended up bothering them. https://t.co/2araRhuTIB via @markets @denitsa_tsekova @isabelletanlee @ChrisNagi1 @BWilliLiou
