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Express News | The Yield on the U.S. 30-Year Treasury Bond Rose to 5%, Marking Its Highest Level Since November 2023
Wall Street warns: If you don't want a big drop in U.S. stocks, tonight's non-farm payroll needs to be "just right."
Bank of America stated that only "Goldilocks" data can keep long-term interest rates below 5%, stabilize interest rate sensitivity, and prevent the Nasdaq's leadership from wavering. "Explosive" data could lead to a decline of about 4% in the S&P 500 Index to 5,666 points.
Further Selloff in U.S. Treasurys Seen as Buy Opportunity -- Market Talk
US December Job Cuts Rise 11% From Year Earlier, Challenger Report Says
Federal Reserve Watch for Jan. 9: Fed Speakers Emphasize Patient Approach to Further Rate Reductions
Daily Roundup of Key US Economic Data for Jan. 9
