Yields are higher
The US stock market is open and major indices are trading higher. A snapshot is currently showing:
- S&P index +9.6 points or 0.33% at 2915.4
- NASDAQ index of 27.5 points or 0.34% at 8003.14
- Dow industrial average is up 136 points or 0.51% at 26521.42
In the US debt market, yields higher but not much changed from earlier levels in the NY session
- 2 year, 2.40%,, +0.8 basis points
- 5 year 2.3889% , +1.5 basis points
- 10 year 2.572% , +1.8 basis points
- 30 year 2.979%%, +1.1 basis points
Gold continues to move lower trading down $-13.26 or -1.04% at $1274.57. The precious metal has traded to the lowest level in 2019 on the move.
WTI crude oil futures have erased earlier declines and his trading up $.05 or 0.08% at $63.45. The contract trades midrange between the low at $63.12 in the high at $63.79.
