New York Stock Markets Close Mixed Tax on US Treasury Rates Dow, 1.5%↓

Input 2021.02.27 06:52



Traders working at the New York Stock Exchange’s entrance hall. /AP Yonhap News

Major indices on the New York Stock Market ended in mixed tax, showing great volatility linked to the fluctuations in US Treasury yields.

On the 26th (local time) on the New York Stock Exchange (NYSE), the Dow Jones 30 Industrial Average closed at 30,932.37, down 469.64 points (1.5%) from the battlefield.

The Standard & Poor’s (S&P) 500 index closed at 3,811.15, down 18.19 points (0.48%) from the battlefield, but the technology stock-oriented NASDAQ index closed at 13,192.34, up 72.91 points (0.56%).

The Dow index fell by 1.8% this week. The S&P500 index fell by about 2.5% and the NASDAQ fell by 4.9%.

This is because the interest rate on 10-year US Treasury bonds has risen sharply, over 1.5% recently, and the stock market has become more unstable.

Even on this day, major indexes showed an unstable trend, with fluctuations and fluctuations in the interest rate trend.

The 10-year U.S. Treasury bond yield exceeded 1.52% at the beginning of the market and then fell to around 1.41%. As interest rates fell after the beginning of the market, the stock index also showed a rebound, but when interest rates rebounded from the bottom in the second half of the market, the index fell again. The 10-year U.S. Treasury bond rate reached 1.42% at the close of the stock market.

However, the Nasdaq, which had plunged by more than 3.5%, the largest since October of last year, was relatively strong on this day.

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