Article

Wall Street Morning Report: 25 The annual stock-bond yield spread inverted, and U.S. Treasury bonds 5.2%“lost their anchor”; gold plunged and retreated to 4000 USD The bond-market sell-off intensified, high interest rates became the new normal, and U.S. Treasury yields hit a multi-year high. All three major U.S. stock indexes fell,AI with and the technology sector leading the decline; Nvidia’s share buyback 150000000000 USD still failed to stem the selling pressure. Gold plunged nearly 4%, and the market is watching the Federal Reserve’s rate-hike path and AI capital-expenditure risks. 2 year/10 year spread narrowed to 2025 the lowest level since the beginning of the year, bringing the curve close to the inversion threshold.

Source: https://www.panewslab.com/zh/articles/01a0eb93-7c9b-7361-b6ad-aa7bcf9008e3