S&P 500 Futures decline, yields stay firmer as inflation woes weigh on sentiment ahead of US NFP By anilpanchal7 SP500 Futures Inflation NFP YieldCurve
While portraying the risk-off mood, S&P 500 Futures drop back towards the yearly low marked earlier in the week, down 0.33% at the latest, whereas the US 10-year Treasury yields rose one basis point to 3.08%, surrounding the highest levels since late 2018 marked on Thursday.
Looking forward, market players will pay close attention to the US employment data as Fed eyed a pause in the robust Nonfarm Payrolls , expected to ease to 391K from 431K. Also important will be the US Unemployment Rate which may also decline to 3.5% from 3.6% in April.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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