Straits Times Index
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Treasury Yield 10 Years (^TNX)
| Previous close | 2.8550 |
| Open | 2.8510 |
| Volume |
| Day's range | 2.7740 - 2.8610 |
| 52-week range | 1.1280 - 3.1670 |
| Avg. volume | 0 |
- Editor's pickYahoo Finance Video
Recession watch: ‘We have seen some of the economic indicators come down,’ strategist says
Kathy Jones, chief fixed income strategist at Charles Schwab, breaks down the Fed minutes, the odds of a recession, inflation, and more.
- Editor's pickYahoo Finance Video
Bond yields ‘provide a little relief’ amid volatility, strategist says
John Hancock Investment Management Co-Chief Investment Strategist Emily Roland joins Yahoo Finance Live to discuss market volatility, bond yields, investors, Fed policy, the 60-40 investment portfolio, and the outlook for the economy.
- Reuters
Most May FOMC participants backed 50 bp hikes in June and July
All participants at the Federal Reserve's May 3-4 policy meeting backed a half-percentage-point rate increase to combat inflation they agreed had become a key threat to the economy's performance and was at risk of racing higher without central bank action, newly released minutes of the session showed. The 50-basis-point rate increase this month was the first of that size in more than 20 years, and has set the Fed on course for a quick tightening of monetary policy, with "most participants" judging that further half-percentage-point increases would "likely be appropriate" at upcoming Fed sessions in June and July, according to the minutes, which were released on Wednesday.
