Stock markets ended off 2021 near record highs as investors shrugged off concerns over the omicron variant and inflation.
The increased speed of bond tapering and the hawkish tone from the Fed has caused bond yields to rise as investors brace for interest rate hikes amid persistently high inflation. As such, the US 10-year and 2-year bond yields have both hit 52-week highs of 1.808% and 0.915% respectively. With Wednesday’s inflation reading coming in at 7.
Moving into 2022, the rise in government bond yields has hurt US stocks as investors started repositioning their portfolios in anticipation of higher borrowing costs. As such, the S&P 500 and Dow Jones Industrial Average have both lost 2.0% and 0.74% respectively. The tech heavy Nasdaq has taken the biggest hit, losing 4.50% as rising yields hurt the lofty valuations of technology stocks the most.
Commodities, as measured by the Bloomberg Commodity Index, ended 2021 up a staggering 27.05%. They have continued their run into 2022 with the index returning 3.52% YTD. The big driver of the advance is oil and natural gas, with Brent Crude advancing 7.43% and natural gas 12.73%, as a tightening market continues to support prices. Metals, on the other hand, have had a subdued start to the year with gold returning -0.73%, followed by platinum and copper with 0.61% and 0.93% respectively.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cape Town could have 16 new trains in service by mid-yearOn Monday, Transport Minister Fikile Mbalula conducted an oversight visit onboard one of the new, so-called 'people's trains'.
Source: ewnupdates - 🏆 30. / 53 Read more »
Spain Super Cup match report Athletic Bilbao v Real Madrid 16 January 2022Real Madrid won the Supercopa Espana title with a 2-0 victory over previous holders Athletic Bilbao in Riyadh on Sunday evening. I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent williamchurch09 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work I have been very fruitful ever since I have been investing with williamchurch09 . contacted Mr William after series of testimonies i saw online, i took courage and started investing with him. I have made my third withdrawal which are ten times the initial investment.
Source: KickOffMagazine - 🏆 36. / 51 Read more »
Supercopa de Espana Final Report: Athletic Bilbao v Real Madrid 16 January 2022Real Madrid have been crowned Spanish Super Cup champions after defeating Athletic Bilbao 2-0 in the final on Sunday evening. SLInt MORE: Thank Mr Hendricksnino77 for your faithfulness and honesty. It won't be possible without you. God bless you and your company for putting smiles on my face again. Ladies and gentlemen don't ignore 👉 interested in trading connect with him directly
Source: Soccer_Laduma - 🏆 22. / 63 Read more »
Premier League match report Liverpool v Brentford 16 January 2022Liverpool ended the weekend in second spot after defeating Brentford 3-0 in Premier League action on Sunday afternoon. Read more ➡️ 🔥🔥🔥Liverpool The reds 𝙸 𝚓𝚞𝚜𝚝 𝚖𝚊𝚍𝚎 R100k 𝚒𝚗 5 𝚍𝚊𝚢𝚜 𝚘𝚏 𝚝𝚛𝚊𝚍𝚒𝚗𝚐, 𝚒𝚝'𝚜 𝚞𝚗𝚋𝚎𝚕𝚒𝚎𝚟𝚊𝚋𝚕𝚎! 𝙰𝚕𝚕 𝚝𝚑𝚊𝚗𝚔𝚜 𝚝𝚘 Tatiana_Fx_ 𝚐𝚛𝚊𝚝𝚎𝚏𝚞𝚕 𝚖𝚊, 𝙸'𝚕𝚕 𝚔𝚎𝚎𝚙 𝚘𝚗 𝚝𝚎𝚜𝚝𝚒𝚏𝚢𝚒𝚗𝚐 𝚘𝚏 𝚢𝚘𝚞𝚛 𝚐𝚘𝚘𝚍𝚗𝚎𝚜𝚜 because you're a guardian angel to us all.
Source: KickOffMagazine - 🏆 36. / 51 Read more »
Premier League Report: Liverpool v Brentford 16 January 2022Liverpool moved above Chelsea and into second position on the Premier League table with a 3-0 victory over Brentford at Anfield on Sunday afternoon. SLInt MORE: I just want Man City to slip up . YNWA Well done to Liverpool 𝙸 𝚓𝚞𝚜𝚝 𝚖𝚊𝚍𝚎 R100k 𝚒𝚗 5 𝚍𝚊𝚢𝚜 𝚘𝚏 𝚝𝚛𝚊𝚍𝚒𝚗𝚐, 𝚒𝚝'𝚜 𝚞𝚗𝚋𝚎𝚕𝚒𝚎𝚟𝚊𝚋𝚕𝚎! 𝙰𝚕𝚕 𝚝𝚑𝚊𝚗𝚔𝚜 𝚝𝚘 Tatiana_Fx_ 𝚐𝚛𝚊𝚝𝚎𝚏𝚞𝚕 𝚖𝚊, 𝙸'𝚕𝚕 𝚔𝚎𝚎𝚙 𝚘𝚗 𝚝𝚎𝚜𝚝𝚒𝚏𝚢𝚒𝚗𝚐 𝚘𝚏 𝚢𝚘𝚞𝚛 𝚐𝚘𝚘𝚍𝚗𝚎𝚜𝚜 because you're a guardian angel to us all.
Source: Soccer_Laduma - 🏆 22. / 63 Read more »
Premier League Report: Aston Villa v Manchester United 15 January 2022Phillipe Coutinho bagged a goal and an assist on his Premier League return as Aston Villa dented Manchester United's top-four push on Saturday evening. SLInt MORE: Thank Mr Hendricksnino77 for your faithfulness and honesty. It won't be possible without you. God bless you and your company for putting smiles on my face again. Ladies and gentlemen don't ignore 👉 interested in trading connect with him directly
Source: Soccer_Laduma - 🏆 22. / 63 Read more »