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

Published: August 06 2022, 17:00 GMT+0

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

Ahead of Monday's session: markets completed a mixed session yesterday, as Nasdaq slipped 0.5% and closed at 12,658. Dow Jones closed the day at 32,800, having gained 0.23%. S&P 500 lost 0.16% and ended the session at 4,145.19. Trading in the US will resume Monday. In the meantime, European markets were down yesterday; EuroSTOXX is down by 0.78%, now at 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…

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