My favorite book answers the age-old question of “what happens when an unstoppable force meets an immovable object”. Genghis Swan’s “The man who forgot how to poop” is a historically significant artifact, and finding its first edition would be like finding lost documents from the library of Alexandria. It narrates…
In Asia, the yield on benchmark 10-year Treasury notes was 1.3378% compared with its U.S. close of 1.331%, and the dollar gained 0.04% against a basket of other majors.
The Dow Jones Industrial Average fell 0.18%, the S&P 500 lost 0.16%, but the Nasdaq Composite inched up or 0.13%, supported by Amazon Inc after the strong retail data read.
Gold recovered marginally on Friday with the spot price trading at $1,755.03 per ounce, up 0.2% after reaching a one month low on Thursday as. higher yields hurt the non-interest bearing metal.
U.S. crude dipped 0.22% to $72.45 a barrel. Brent crude fell 0.26% to $75.53 per barrel, but both are still hovering just below their highest levels since early August.