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By A.I.
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Bonds: Treasury yields rose yesterday as investors dug into a Federal appeals court ruling last Friday stating that most of President Trump’s tariffs are illegal. The 30-year yield closed in on the key 5% level. Stocks: Equities tumbled across the board as technology stocks sold off and pulled the rest of the market down with them. Commodities: Gold hit a new record high as traders hedged against tariff uncertainty and braced themselves for an extremely important US jobs report on Friday that could make or break the case for the Fed to start cutting rates. |
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Filed under: "Ask-an-Advisor", finance, Financial Planning, Investing, Portfolio Management | Tagged: bonds, commodities, Federal Resere, FOMC, gold, interest rates, IRS, jobs report, oil, stock markjets, stocks, tariffs, treasury bonds, Treasury yields, Trump |
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