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Wall Street Today: Market Decides Down is the Direction
Live Stock News: Nvidia Does not run Things Around here Anymore
Analysis: The relationship between the decline in U.S. Treasury yields and economic weakness is significant.
The yield on US Treasuries — especially the 10-year Treasury yield — has recently declined significantly, mainly reflecting the deterioration of the outlook for the US economy, which has shown remarkable resilience over the past year. Given that Federal Reserve officials still seem inclined to maintain interest rates unchanged for some time, if the economic pulse significantly weakens, the yield curve may further exhibit a bullish flat trend. Economic data has worsened over the past 2-3 months, reversing the strong momentum that began to emerge when the Federal Reserve was finally set to start a loosening cycle in the early second half of 2024. Citigroup's unexpected index compares data and forecasts.
Wall Street Today: Market Quaking With Anticipation, and Nvidia Delivers Beat
Citi's Wealth Head Hires BofA Executive Into Key Private Bank Post -- Barrons.com
Discover/Capital One Regulatory Approval `when, Not If' - CTFN