Crude oil prices fell to a six-month low on Tuesday amid lingering concerns about the outlook for fuel demand and worries about possible oversupply in the market. Also, data showing persisting inflationary pressures reinforced the view that the Federal Reserve is unlikely to cut interest rates anytime soon. West Texas Intermediate Crude oil futures for January ended down $2.71 or […]

Treasuries gave back ground after an initial jump but moved back to the upside in the latter part of the trading session on Tuesday. Bond prices spent much of the session lingering near the unchanged line but climbed back into positive territory in afternoon trading. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell […]

Gold futures ended slightly down on Tuesday despite the dollar’s weakness ahead of the Federal Reserve’s monetary policy announcement on Wednesday. The Fed is widely expected to hold rates tomorrow, with the spotlight squarely on the central bank’s dot plot and summary economic projections as well as comments from Chair Jerome Powell during his press conference. The dollar index, which […]

After coming under pressure early in the session, treasuries regained ground over the course of the trading day on Thursday. Bond prices climbed well off their early lows, eventually ending the day roughly flat. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, inched up by less than a basis point to 4.129 percent after […]

Gold futures settled lower on Tuesday, extending losses from the previous session, as the dollar climbed higher. Some profit taking weighed as well bullion prices. The dollar index surged to 104.05, gaining 0.33%, extending recent gains, amid expectations the Fed will hold rates unchanged for now. Some safe-haven buying due to geopolitical tensions helped limit gold’s downside. Gold futures for […]

Following the rally seen over the course of the previous session, treasuries showed a notable move back to the downside during trading on Monday. Bond prices came under pressure early in the session and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 6.2 basis points […]

Treasuries showed a notable move to the downside during trading on Thursday, giving back ground after moving notably higher over the three previous sessions. Bond prices came under pressure early in the session and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 8.1 basis points […]

Gold prices tumbled on Thursday, threatening to derail a strong winning streak that saw prices of the yellow metal touching a high of $2,058 earlier in the day. The Dollar’s surge in the run-up to the PCE data release weighed on sentiment. The Dollar Index, a measure of the Dollar’s strength against a basket of 6 currencies strengthened 0.44 percent […]

Treasuries showed a lack of direction in early trading on Tuesday but climbed firmly into positive territory over the course of the session. Bond prices gave back some ground in early afternoon trading but moved back to the upside going into the close. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell 5.3 basis […]

After failing to sustain an early move to the upside, treasuries gave back ground over the course of the trading session on Friday. Bond prices pulled back well off their early highs, ending the day roughly flat. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to […]