US Markets Mixed Amid Debt & Tax Concerns

  Published 1 year ago

US markets showed a mixed performance as rising 30 year Treasury yields, fueled by debt worries from a newly passed tax bill and a Moody's downgrade, contrasted with gains in tech stocks and a strengthening dollar. Global markets were largely down.

  • US 30, year yields hit a 19-month high.
  • Tech stocks provided market resilience.
  • Dollar strengthened despite recent losses.

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