FOMC Members Signal Policy 'At or Near Peak' for Tightening Cycle

Luzi Ann Santos14:22 ET

[Preview] The U.S. employment Statistics for December are scheduled to be announced on the night of the 10th. Is there a resurgence of interest in rate cuts?

The U.S. non-farm payrolls for December is scheduled to be announced at 10:30 PM Japan time on the 10th (Friday). The market expects an increase of 0.154 million people in non-farm payrolls for December compared to the previous month, while the unemployment rate is expected to remain steady at 4.2%. Average hourly earnings are expected to show a growth of 0.4%, consistent with the previous period.

moomooニュース米国株15minutes ago

Quantum computing, Nuclear Power, Cryptos, cannabis! Retail investors' "beloved" in the USA all fell last night.

① Although the three major stock indices in the USA fluctuated on Wednesday, the S&P 500 Index, which performed the worst, only fell by 0.16%—a performance that cannot be considered terrible. ② However, for many American retail investors who enjoy the thrill of speculating on meme Stocks, this Wednesday seems to have been a disastrous day: because many of their favorite investment symbols experienced a remarkable collapse.

cls.cn21:40 ET

Options Market Statistics: IonQ Stock Plunges After Nvidia CEO Sees 'Useful' Quantum Is Decades Away; Options Pop

Options Newsman21:22 ET

The Global bond market is experiencing a frantic sell-off, with US Treasury yields quickly approaching 5%.

The 20-year US Treasury yield has already broken through 5%, while the UK 10-Year Treasury Notes Yield has also risen to 4.82%, reaching a new high since 2008. Inflation worries have prompted traders to lower their expectations for interest rate cuts by the Federal Reserve and the Bank of England this year, and at the same time, the market is weighing the impact of President Trump's policies.

wallstreetcn19:50 ET

The last time the US bonds dropped like this, the US stock market also crashed.

Recently, the rise of the 10-year U.S. Treasury yield is similar to the situation in 2022 and 2023, when the stock market experienced a substantial decline. Goldman Sachs stated that although the U.S. stock market is relatively stable now, the correlation between stock and bond yields has turned negative. If economic data falls short of expectations, the risk of a market correction in the short term may increase.

wallstreetcn19:43 ET