S&P 500 Futures Rise 0.1% as 30-Year Yield Hits 5.30% Before PPI
Updated
Updated · Bloomberg · Sep 10
S&P 500 Futures Rise 0.1% as 30-Year Yield Hits 5.30% Before PPI
3 articles · Updated · Bloomberg · Sep 10
Summary
S&P 500 futures added 0.1%, trimming a three-day losing streak as investors waited for US producer-price data and key tech earnings.
Treasury yields kept climbing ahead of Thursday’s $22 billion 30-year auction, with the long bond yield up 2 basis points to 5.30%, showing risk appetite remained restrained.
Brent crude briefly topped $102 a barrel after Iran signaled readiness for an intensifying war, adding another inflation concern alongside the factory-price report.
The dollar rose 0.1%, underscoring a cautious cross-asset tone as markets balanced sticky price pressures, higher borrowing costs and earnings risk.