Dow futures fall more than 200 points, bond yields rise to pressure market: InfoQuest

Dow Jones futures fell more than 200 points, dragged down by rising US government bond yields.

By 6:22 pm Thailand time, the Dow Jones Futures Index lost 228 points, or 0.59%, to 38,716 points.

The yield on 10-year US government bonds rose above 4.5% after the 5-year bond auction faced weak demand.

Yesterday, the US Treasury sold 5-year US government bonds worth $70 billion. But it received a slow response in the market, with the exposure-to-coverage ratio falling to 2.3 times, below the average of 2.45 times.

Investors are watching US economic data. Including statements by officials at the Federal Reserve (Federal Reserve) to look for signals indicating the direction of US interest rates.

The market expects that the Fed is in no hurry to cut interest rates. After Fed officials indicated they wanted to see inflation slow for several more months. Before you decide to lower interest rates

The latest FedWatch tool from CME Group indicates that investors expect the Fed will cut interest rates just once this year. It will happen in November. Than originally expected in September.

Meanwhile, officials from the European Central Bank (ECB) are united in signaling a rate cut at the monetary policy meeting on June 6.

If the ECB cuts interest rates by 0.25% at its June 6 meeting, that will make the ECB cut rates faster than the Fed.

The market is watching the Personal Consumption Expenditures (PCE) price index, due on May 31, for signs indicating the timing of a rate cut by the Federal Reserve.

The Personal Consumption Expenditures Index is a measure of inflation that the Federal Reserve gives importance to. It can detect changes in consumer behavior. It covers the prices of goods and services more broadly than the Consumer Price Index (CPI).

By InfoQuest News Agency (May 29, 2024)

Tags: Dow Jones futures, stock market, New York Stock Exchange, Wall Street Stock Exchange, US Stock Market

Leave a Reply

Your email address will not be published. Required fields are marked *

xxx dilli bdsmporntrends.com porn sites indian irani tits hotmoza.tv xvideo milf افلام سكس فى الطيز mainasiantube.com افلام سكس مدبلجة x videos romantic pelisporno.org hd sex dino www xxvideocom indianhardfuck.net xnxx indian students mr jatt video tubeus.mobi xnxx sleeping sister بز مصرى thevael.com اخت تعلم اخوها النيك full metal alchemist hentai series-hentai.net crossdressing trap hentai 杠えな tomodachinpo.mobi 激かわツインテール姿のもえちゃんとセーラー着衣sex♡ goaporn pornhan.mobi sunny leone sex scenes girl meat hentai hentai4you.org food wars comic porn اجمل مهبل pacrat.org النيك tamil nadu sex movie pornolife.mobi monalisa hd malayalamsexvedio chuporn.net desi gay porn vedio hotsexbhabi matureporntrends.com bf hindi video film