Visa Cryptocurrency

Stocks Mixed, Inflation, Bitcoin and Djokovic-Five Things To Know

Stocks Mixed, Inflation, Bitcoin and Djokovic-Five Things To Know
Written by publishing team

Here are five things you should know for Monday, January 10:

1. – Stock futures mixed, bond yields in focus

US stock futures traded mixed on Monday, while benchmark 10-year Treasury yields breached a two-year high, as investors continue to re-price stocks, bonds and currencies after last week’s hawkish Federal Reserve meeting minutes and strong jobs data.

With inflation expected to accelerate at the fastest annual pace in more than three decades later this week, spurred by pandemic stimulus, supply chain disruptions and soaring commodity prices, the Federal Reserve’s minutes last week revealed a stronger commitment to taming price increases by raising interest rates, three of which from Likely to come this year, according to interest rate futures contracts.

.

About the author

publishing team