U.S. Treasury yields approach 5%! The probability of a rate hike next week rises to 70%, with market concerns that this could mark the start of a new tightening cycle.
The yield on the 10-year U.S. Treasury note rose to 4.96%, nearing the critical 5% threshold that investors view as a potential threat to equities. Meanwhile, the market-implied probability of a Federal Reserve rate hike this month has climbed to approximatel…
Price at publishQQQ 712.75 / +0.57%SPY 761.90 / +0.54%Market reaction
1m5m15m30m60mBefore QQQ0.00%0.03%0.04%0.07%0.08%After QQQ0.01%0.01%0.05%0.10%0.06%Before SPY0.00%0.01%0.03%—0.08%After SPY0.00%0.01%0.03%—0.05%