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Global stocks lower amid rising bond yields - Thursday Review, March 4

Miguel A. Rodriguez
Miguel A. Rodriguez
05 March 2021
Resurgent worries over high bond yields weakened the markets

The US

Wall Street ended lower after Jerome Powell’s speech left investors worried about rising longer-term US bond yields. USA30 fell 1.11%, USA500 lost 1.34%. TECH100 dropped 2.11%, being down almost 10% since its February record high.

Crude oil added 0.3%, reaching $61.48 a barrel.

Gold fell 0.2% to $1,712.80 per ounce.


Asia and Australia

Stocks followed their American peers’ example and closed in the red amid the rising of yields. HongKong45 slid 2.80%.

Japan225 fell 1.87%

Down under, Australia200 was down 1.10%.



Markets weakened amid resurgent worries over higher bond yields. Germany30 traded 0.5% lower, and France40 fell 0.2%. UK100 lost 0.8%.

Brent oil rose 0.4% to $64.33 a barrel.

EUR/USD traded at 1.2042 after it lost 0.2%.


The information presented herein is prepared by and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.                                                                                                                            Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience, or current financial situation.Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance and forecasts are not reliable indicators of future results.

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books. 

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