Overview
- The 30‑year Treasury yield climbed to its highest level in nearly 20 years this week and remains above 5 percent, lifting the 10‑year to roughly the mid‑4 percent range and raising financing costs for companies.
- The U.S. Department of the Treasury expanded long‑term debt buybacks earlier in the week to calm markets, but the intervention provided only temporary relief as selling pressure returned.
- U.S. stocks rebounded intraday on Friday yet finished the week lower, with the Dow posting a second straight weekly loss and the S&P 500 and Nasdaq ending three‑week winning streaks.
- A bitcoin rally after President Trump publicly urged passage of crypto legislation lifted crypto‑linked stocks such as Robinhood and Coinbase and created a pocket of strength in an otherwise strained market.
- Mexico’s BMV opened with gains led by Grupo México, and oil prices stayed volatile because of renewed Middle East tensions, a combination that could keep market swings large and uneven in the days ahead.