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Treasuries Retreat While U.S. Stocks Decline: Markets Wrap

Alex Lowe by Alex Lowe
April 5, 2022
in Dow Jones
0

Home » Treasuries Retreat While U.S. Stocks Decline: Markets Wrap

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Author of the article:

Bloomberg News

Bloomberg News

Isabelle Lee and Robert Brand

Publishing date:

Apr 05, 2022  •  47 minutes ago  •  4 minute read  •  Join the conversation

Article content

(Bloomberg) — U.S. and European equities declined as the European Union considered a ban on Russian coal, ratcheting up pressure on Moscow over the invasion of Ukraine. Treasuries retreated amid deepening concern about inflation and the policy response. 

The S&P 500 fell, led by losses in technology and consumer discretionary, while the Nasdaq 100 was also lower. The 10-year Treasury yield rose for a third day to near a three-year high, with the spotlight remaining on inverted yield curves that may signal an economic downturn should the Federal Reserve tighten aggressively to quell price increases. 

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Alex Lowe

Alex Lowe

Alex is a financial writer covering forex. He is a expert financial journalist whose credits include Bloomberg, FT of London, Chicago Tribune. Contact: [email protected]

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