Wall Street: US stock markets close unchanged – yield on 30-year US government bonds at highest level since 2007
The Wall Street was stuck in a sideways trend on Monday. The major indexes showed little movement. At the start of the new trading week, the bond markets were in focus.
US stock markets showed little movement on Monday, with the Dow Jones falling 0.5% to 53,460 points, the S&P 500 down 0.5% to 7,748 points, and the Nasdaq declining 0.3% to 26,645 points. The yield on 30-year US Treasury bonds rose three basis points to 5.29%, the highest since 2007. This increase reflects investor concerns about rising government debt, a surge in long-term bond issuances, and inflation that has exceeded the Federal Reserve's target for five years.
The trend is part of a broader movement in global bond markets, with investors demanding higher compensation for risks associated with growing debt and high inflation.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
