U.S. Stocks and Bonds Slide, Brushing Off Treasury's Buyback Plans
Treasury Secretary Bessent escalates bond interventions as markets slide on weak retail data (Walmart); new Fed chairman Warsh must manage inflation. Rising rates and policy uncertainty compress capital access for startups and reduce 2026 IT budget allocation.
Walmart posted weakest sales in 6 years with disappointing guidance, sending S&P 500 down 0.87% as Treasury yields spiked. Yield surge pressures tech stock valuations via higher discount rates while weak consumer demand signals enterprise IT spending caution.
U.S. to Buy Back More Longer-Term Bonds
Bond yields reversed course Thursday after the Treasury's debt buyback plan failed to sustain a rally in fixed-income markets
Treasury yields hit 4.70% amid inflation fears and $40T US debt, dragging equities down 0.7–1.2% while oil climbed on Iran uncertainty. Consumer spending deceleration—signaled by Walmart's slump despite strong earnings—pressures corporate IT budgets as firms brace for cost-cutting cycles.
U.S. Stocks Up as Treasury Buybacks Calm Bond Yields; Moderna Surges
Treasury yields rose across the curve, with the 30-year briefly returning to levels seen before Wednesday's Treasury buyback announcement, while oil prices continued to climb as…
The rise in interest rates hit a 'raw nerve' at the White House. Bessent's plan has analysts on edge.
A rise in oil prices on Thursday is sending worries about inflation and yields in the bond market higher, erasing some of the relief the United States Treasury Department created…