Moving opposite to prices, bond yields ticked higher as stock indices remained flat

Published: August 06 2022, 10:00 GMT+0

Moving opposite to prices, bond yields ticked higher as stock indices remained flat

Yesterday's broader market activity meant that markets completed a mixed session yesterday, while Nasdaq lost 0.5% and ended the session at 12,658. Dow Jones gained 0.23% and closed at 32,800. S&P 500 slipped 0.16% and closed at 4,145.19. Trading in the US will resume Monday. In the meantime, European markets closed lower yesterday; EuroSTOXX is down by 0.78%, reaching 3,725.39. US yield curve retains balance as bond yields rise across the board the iShares U.S. Treasury Bond ETF declined 1% to trade at $24. Many companies in the S&P 500 reporting Q2 results have beaten Wall Street estimates, with Eli…

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