While you were sleeping: Bond yields climb

Thu, 01 Dec 2016

By Margreet Dietz Dec. 2 (BusinessDesk) - Yields on US Treasuries climbed and Wall Street was mixed, as energy and bank stocks rose while tech stocks slid, amid bets that economic growth will accelerate. Oil prices continued their rally following a deal to curb output. In 1.18pm trading in New York, the Dow Jones Industrial Average rose 0.3 percent. However, the Nasdaq Composite Index slumped 1.3 percent. In 1.03pm trading, the Standard & Poor’s 500 Index fell 0.4 percent. The Dow moved higher with gains in shares of Chevron and th...

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