Yields rise as risk-off sentiment dominates market mood

Published: August 05 2022, 18:00 GMT+0

Yields rise as risk-off sentiment dominates market mood

The trading session is well on its way, the leading indices are pointing down — Nasdaq slipping 0.79% and closing at 12,620. S&P 500 trades at 4,135 after losing 0.41%. Dow Jones trades sideways at 32,734. European markets are dropping as EuroSTOXX slides down to 3,725.39 (-0.78%). US yield curve retains balance as bond yields rise across the board the iShares U.S. Treasury Bond ETF declined 0.97% to trade at $24. Many companies in the S&P 500 reporting Q2 results have beaten Wall Street estimates, with Eli Lilly and Company & Alibaba featured this past week. It is the middle…

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