Every morning on Radio Monaco, the Market Trend with Societe Generale Private Banking: Clémentine ROUSSEAU
The chairman of the US Federal Reserve said on Tuesday that inflation could stay longer than expected but that this phenomenon would remain transitory. As a result, US bond yields jumped to 1.57%, supported a decline of nearly 3% for the NASDAQ US stock index and 2% for the Paris index on Tuesday’s session.
Finally, the yield on the 10-year Treasury fell, providing a more favorable climate for investors. The European markets have recovered colors on yesterday’s session. The CAC 40 closed the session up almost 1% and the Eurostoxx 50 rose 0.50%. Across the Atlantic, stock market indices followed suit. The Nasdaq and the S&P 500 both advanced midway through yesterday.
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