Morgans AM - Monday, 13 January 2025

from Morgans Financial Limited · host Morgans Financial

US equity markets down on Friday, with a surge in bond yields after a much hotter-than-expected December jobs report putting prospects for further rate cuts by the Federal Reserve in doubt, The 10-year yield finished up 9.2 basis points to 4.772%, its highest since Nov. 1, 2023. Conversely, the Dow bled -697 points or -1.63%.

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Morgans AM - Monday, 13 January 2025

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