In the long run, US stock markets rose on Sunday evening as Treasury yields continued to fall from last week’s highs.
Dow Jones Industrial Future Futures YM00,
increased by more than 200 points, or 0.7%, while the S&P 500 futures ES00,
and Nasdaq-100 NQ00 futures,
gained almost 1%. Meanwhile, the 10-year treasury bill produces TMUBMUSD10Y,
decreased to 1.386%. Bond prices move inversely to yields.
The 10-year bond yield shook stock market investors on Thursday, when it exceeded 1.50%, then fell to 1.459% on Friday.
Read: As the Treasury’s rising yields scared stock investors, March is shaping up like a lion.
Also: The analyst claims that the current sale of the bond market is more serious than “tantic tantrum”
For the week, Dow DJIA,
lost 1.8%, S&P 500 SPX,
decreased by 2.5% and Nasdaq Composite COMP,
slipped 4.9%. This marked the biggest slip of the Nasdaq since the week ended October 30, according to FactSet data. However, February was another winning month for equities, with the Dow up 3.2%, the S&P 500 up 2.6% and the Nasdaq up 0.9%.