Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By Michael Johnston (Reporter)
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

Major Stock Indices Feel The Pain of Multi-Year High Rates

Thursday, October 11, 2018 7:41

% of readers think this story is Fact. Add your two cents.

A sharp rise in the yield of benchmark 10-year U.S. Treasury notes sparked a selloff in stocks that circled global markets.

Debt markets are under pressure with bond prices falling rapidly, prompting investors to head towards products like inverse bonds ETFs for a piece of the pie. Japanese companies have not been spared the rout and fell to a four-week low while crude oil traded near 4-year highs due to a plunge in Iranian exports as a result of U.S. sanctions. Closing the list, Canadian assets were favored last week on news regarding the rescue of the trilateral North American Free Trade Agreement but did not enjoy the highly anticipated inflows for long.

Check our previous trends edition at Trending: Communication Stocks in Spotlight Amid S&P Sector Reshuffle.

Source: http://etfdb.com/news/2018/10/11/trending-major-stock-indices-feel-pain-of-multi-year-high-rates/

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,599,256,288
Stories:	8,138,536