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

Published: August 06 2022, 16:00 GMT+0

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

Yesterday's trading session saw to it that markets completed a mixed session yesterday, as down by 0.5% change, Nasdaq closed at 12,658. Dow Jones gained 0.23% and closed at 32,800. After dropping 0.16%, S&P 500 closed at 4,145.19. Trading in the US will continue Monday, meanwhile European markets closed lower yesterday; EuroSTOXX is down by 0.78%, goes down to 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. Earnings season is at its midpoint and most of the companies in the S&P 500 reporting…

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