10-year US Treasury yields rose higher; Dollar softer than its peers
Europe’s shares advanced on Tuesday with a three-day gain. The Stockx Europe 600 climbed 0.5% in morning trading. The industry and ingredients sectors made gains while the consumer staples and healthcare sectors lost ground.
The UK’s FTSE 100 rose 0.2%. Other stock indexes in Europe also climbed mostly as France’s CAC 40 added 0.6%, the UK’s FTSE 250 added 0.2% and Germany’s DAX rose 0.5%.
The Swiss franc, euro and British pound gained 0.
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2%, 0.3% and 0.5%, respectively, against the US dollar.
Among commodities, international benchmark Brent crude rose 0.3% to $114.42 a barrel. Gold was down 0.3% at $1,835.90 per troy ounce.
The yield on the German 10-year bonds fell to 1.725% and the UK 10-year gilt yield fell to 2.593%. The 10-year US Treasury yield was up from 3.238% on Friday to 3.276% on Tuesday. Yields move inversely to prices.
Hong Kong’s Hang Seng rose 1.5% and Japan’s Nikkei 225 index rose 1.8%, while China’s benchmark Shanghai Composite lost 0.3%.
—An artificial-intelligence device was used in the making of this article.
Credit: www.Businesshala.com /