US 10 year bond yield highest in 7 yrs, oil tops US$80 - Business News - News Summed Up

US 10 year bond yield highest in 7 yrs, oil tops US$80 - Business News


Energy shares rose 1.3 percent on the higher oil prices.U.S. President Donald Trump said that China and other countries had become "very spoiled" on trade, as U.S. and Chinese officials hold high-level talks in Washington on trade ties. At this point, it is not clear," said Mary Ann Hurley, vice president of fixed income with D.A. Davidson in Seattle.The dollar index, which measures the greenback against a basket of major currencies, rose 0.1 percent. U.S. crude settled flat at $71.49 a barrel.


Source: The Star May 17, 2018 21:00 UTC



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