Markets
Stocks, bonds, currencies and commodities, plus the macro flows moving global markets day to day.
TSX Futures Slip as Global Bond Yields Hit Multi-Decade Highs
S&P/TSX futures fell 0.4% as the 10-year US Treasury yield touched 5.34%, its highest since 2002, and Canada's 10-year yield rose to 3.99%.
UK Stocks Slide as Gilt Yields Hit Multi-Decade Highs
The FTSE 100 dropped to a three-month low as UK government bond yields hit multi-decade highs. Investors are weighing stubborn inflation, pr
Emerging-market currencies slip as US 10-year yield hits 2002 high
Emerging-market currencies slipped to a one-week low as the US 10-year Treasury yield touched 5.34%, its highest since 2002. The stronger do
Detroit's Big Three lose US share as gas prices push buyers to hybrids
High gas prices are reshaping the US auto market. Cox Automotive expects Detroit's Big Three to see their combined share slip to about 36% i
Aluminum and copper slide as dollar strength and China holiday weigh
Aluminum fell to a 12-week low and copper to a two-week low as a stronger dollar and China's National Day holiday reduced trading liquidity.
Rising US yields pressure central Europe's currencies, crown at 5-month low
Central Europe's currencies weakened as US Treasury yields climbed and the dollar firmed. The Czech crown hit a five-month low, with traders
Volatility-control funds near max stock exposure, raising sell-off risk
After a calm, AI-led rally, volatility-control funds are close to maxed out on stocks. That means even a small jump in market swings could f
Bursa Malaysia Falls 1.3% as Manufacturing PMI Slips Below 50
Malaysia's benchmark stock index fell 1.3% after a key factory survey slipped below the 50 mark, signalling a pause in manufacturing growth.
South Korea Buys Feed Corn After Chicago Prices Slip
South Korea's feed buyers snapped up 60,000-66,000 tons of corn in a tender after Chicago futures slid on higher US stockpiles. The deal sho
Global borrowing costs hit decade highs as 10-year Treasury yield tops 5.3%
The 10-year Treasury yield touched 5.34%, its highest since 2002, lifting borrowing costs worldwide. Deficits, central bank rates, and AI fu
South Korea's central bank moves to restart gold buying after 11-year pause
The Bank of Korea is set to restart gold purchases for the first time in over a decade, with a local buying system ready by December 14. The
Quarter-End Rebalancing Could Push $33B From Stocks to Bonds
Goldman Sachs estimates US pension funds could sell $33 billion in stocks and shift the money into Treasuries to restore target allocations.