The president-elect disapproved of a federal bailout for Silicon Valley Bank customers. That should be a warning for uninsured depositors at most banks.
Crude futures edged higher supported by a new wave of U.S. sanctions on Iranian oil exports and expectations that OPEC+ will further delay its planned output hike.
State Street Global Advisors expects the outlook for fixed-income assets to remain favorable into 2025, adding that as central bank interest rate cuts materialize, yield curves will be pulled lower, led by the short end.
While the unexpected declaration of martial law was promptly struck down by parliament, the episode is likely to leave a bad taste in investorsβ mouths.
U.S. natural gas futures settled lower for a second straight session as warmer temperature forecasts for later this month imply less demand than had been expected.
Treasury yields declined ahead of Octoberβs JOLTS report due at 10 a.m. ET. Odds of an interest-rate cut this month rose to 73% on the CMEβs FedWatch tool, from 62% Monday.