The 10-year Treasury yield pushed through the 3% level, but strategists say there’s another slightly higher level that could be an even bigger test for stocks.
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10-year yield punches through key 3%, but there’s a level that could be even scarier for stocks
World
Asia markets open lower as fragile Middle East ceasefire tempers sentiment
Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets opened lower Friday, as cautious optimism over the Middle East conflict tempered sentiment, diverging from Wall Street’s record-setting rally. U.S. President Donald Trump on Friday said that the war in Iran “should be ending pretty soon,” reiterating rosy predictions about the end of the conflict. Hours earlier, […]
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World
CNBC Daily Open: A fragile peace, but a firm market rally
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 16, 2026. Jeenah Moon | Reuters Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Markets march on to new records as the warring sides in the […]
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World
Oil declines as Israel-Lebanon truce raises hopes of wider de-escalation
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Alexander Manzyuk | Reuters Oil prices fell after U.S. President Donald Trump said Israel and Lebanon had agreed to a 10-day ceasefire following talks in Washington. U.S. crude oil futures for May delivery fell 1.45% to $93.32 per barrel. […]
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