4 Global Market Updates- 6 August, 2022

 

4 Global Market Updates- 6 August, 2022

In this article, we have covered the highlights of global market news about the United States 10-year Treasury yield, European markets, Gold Declination, & Taiwan Stocks Report.

United States 10-year Treasury yield increases as employment growth exceed estimates.

The 10-year Treasury yield increased on Friday due to stronger-than-anticipated July employment data.

European markets

The yield on the 10-year Treasury was 2.83 percent at about 4:10 pm E.T., while the work on the 30-year Treasury note had increased by ten basis points to trade at 3.068 percent. The 2-year, meanwhile, increased 20 basis points to 3.242 percent. Prices and yields follow opposite trends.

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