MARKET WRAP: JSE slightly weaker as investors eye US Treasury yields
Corporate earnings and the Israel-Hamas conflict are likely to dominate trade this week
23 October 2023 – 18:32
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The JSE closed marginally weaker on Monday, while its global peers were mixed as investors assessed rising US Treasury yields and looked ahead to the release of corporate earnings from tech industry giants.
The yield on the 10-year US Treasury note rose above 5% in early US trade, reclaiming a peak recorded last week that marks the highest point for the yield benchmark since 2007, reported Bloomberg…
Source: businesslive.co.za