US Treasury yields surged to their highest levels in over 20 years, with the 10-year yield reaching 5.34%, driven by strong economic data, inflation concerns, and fiscal debt worries. Despite this bond selloff, stock markets remain resilient, reflecting investor confidence in economic strength rather than weakness. The Federal Reserve is expected to hold rates steady until December but markets price in multiple hikes by 2027. Additionally, the unwinding of the Japanese yen carry trade is pressuring bonds, exposing governments to the true cost of borrowing after years of cheap money policies.
US Treasury yields and their recent surge provide context for market conditions. For readers following US stocks, here is Pluang's market snapshot as of Oct 01, 2026 18:14 WIB: Of 150 priced US stocks tradable on Pluang, 87 rose and 55 fell today. Notable movers include IBM at USD 228.17 with a 1-day change of +3.75%, Moderna at USD 188.00 down -2.37%, and Applied Materials at USD 523.23 up +2.32%.
Cal-Maine Foods reported a $58.6 million net loss and a 42% drop in net sales, driven by lower conventional egg prices. An analyst downgraded the stock to Hold with a $70 price target, reflecting a modest 2.85% upside from current levels. Despite cha...
PNC Financial Services Group received mixed analyst ratings on October 1, 2026. Evercore ISI maintained an Outperform rating but lowered its price target to $265 from $285, citing strong net interest income growth but caution on expenses and asset qu...
Accenture reported fiscal Q4 2026 earnings that exceeded analyst expectations with EPS of $3.29, up 46% year-over-year, and revenue of $18.68 billion, a 6% increase. The company also saw a 4% rise in new bookings to $22.17 billion, reflecting strong ...
Analysts have downgraded PepsiCo and lowered its price targets due to weak stock performance and sales challenges in its Frito-Lay North America segment. Despite efforts to improve products, sales remain sluggish, raising concerns about PepsiCo's ope...
Ormat Technologies is advancing its geothermal energy projects with $35 million in funding from the U.S. Department of Energy to develop power plants in Nevada and Utah. Despite this progress and partnerships like the one with Sage Geosystems to buil...
