Stock Futures Decline as Soaring Bond Yields Hit Multi-Decade Highs Ahead of Fed Minutes
U.S. stock futures fell on Wednesday as bond yields reached highs not seen since 2002, ahead of the release of the Federal Reserve meeting minutes.
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U.S. stock futures fell on Wednesday as bond yields reached highs not seen since 2002, ahead of the release of the Federal Reserve meeting minutes.
US wholesale used vehicle prices fell 1.1% in September 2026, marking a third monthly drop as high interest rates and fuel costs weigh on buyers.
U.S. Treasury yields climbed to fresh multi-decade highs on Wednesday as investors prepared for a key 10-year government bond auction.
The 10-year US Treasury yield has climbed above 5% as investors demand higher returns to absorb heavy government debt issuance and persistent inflation.
Mexican auto output fell 15.1% in September 2026 to 301,803 units as manufacturers grapple with US tariff risks and trade policy uncertainty.
Mexico's car exports fell 11.8% in September 2026 as uncertainty over US trade policy and potential USMCA tariff changes weighed on the auto sector.
A senator warned of a 28.5 percent cut to Social Security benefits in six years and proposed a 1.5 trillion dollar investment fund to cover liabilities.
The International Monetary Fund recommends a cautious, hawkish monetary policy to combat inflation driven by high public debt and defense spending.
Chile's trade surplus widened to 2.05 billion dollars in September 2026, driven by a surge in mining exports like lithium and copper.
US mortgage applications fell 4.2% to a 20-month low as the benchmark 30-year fixed mortgage rate surged to a near-three-year high of 7.49%.
US 30-year fixed mortgage rates jumped to 7.49% amid rising Treasury yields and persistent inflation, causing total mortgage applications to decline.
US mortgage applications fell 4.2% last week as the average 30-year fixed mortgage rate jumped to 7.49%, hitting refinancing demand.
Egypt's foreign reserves edged higher to $57.35 billion in September 2026, strengthening the nation's defense against global economic pressures.
US 10-year Treasury yields rose to 5.32% amid rising oil prices, inflation worries, and anticipation of the Federal Reserve meeting minutes.
Economist Steve Hanke and Representative Thomas Massie warn that the 2025 tax-and-spending law will significantly expand US national debt.
Bridgewater founder Ray Dalio warns that rising interest rates could trigger a collapse in the debt-funded artificial intelligence sector.
Luxembourg's annual inflation rate climbed to 2.9% in September 2026, driven by rising costs in housing, recreation, and communication.
Italy's 10-year government bond yield rose to 4.64% as worries over regional debt, political elections, and rising energy costs weigh on European markets.
French borrowing costs have jumped to their highest levels in over 20 years, pushing the euro to a 17-month low amid budget and deficit concerns.
Hong Kong secures the top spot as the world's freest economy, driven by international trade freedom and a surge in foreign business setups.