Treasury Yields Ease After Hitting 19-Year Highs, Stock Futures Flat
U.S. stock futures remained near the flatline on Wednesday morning as government bond yields retreated from multiyear peaks set earlier this week. The pullback provided some relief after a global bond selloff unsettled markets. Treasury yields had touched 19-year highs, reflecting persistent concerns over interest rates and inflation. Investors are now monitoring the bond market for clues about the Federal Reserve's policy trajectory.
Key facts
- U.S. stock futures were nearly unchanged on Wednesday morning.
- Treasury yields pulled back from multiyear highs reached earlier this week.
- The decline offered relief after a global bond selloff rattled markets.
- Treasury yields had hit 19-year highs earlier in the week.
Entities
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Sources
- Quartz —