The Ibex points upwards to ensure the week
The biggest truce in technology and the sharp bullish reaction in debt, with the consequent drop in required interest, calm the mood in the markets. The Ibex seeks to ensure a positive balance for the week with slight advances.
Financial markets are calming down after previous turbulence, driven by a rebound in tech stocks and a decline in bond yields. The Nasdaq ended its decline in Wall Street yesterday, and Asian markets saw gains today, particularly in tech-related sectors. The 10-year US bond yield has dropped to below 5.10%, while the German bund yield is approaching 3.40% and the Spanish 10-year bond yield is around 4%. The Ibex is expected to post moderate gains, aiming for 19,200 points, and consolidate a positive weekly balance.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.