U.S. market reaction to Israel-Hamas conflict has been ‘rational and moderate’: CIO
Trading in U.S. government-debt futures reflected greater demand following the weekend attack by Hamas on Israel, buttressing the possibility that Treasury yields could fall when the cash market reopens on Tuesday.
The price on 10-year Treasury note futures TY00 began to rise about 90 minutes before the U.S. stock market opened Monday morning, and pushed above its recent moving averages, according to FactSet data. The roughly $25 trillion Treasury market was closed on Monday for Columbus Day and Indigenous Peoples Day.
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Israel-Hamas conflict live updates: Israel declares war as death toll in Israel, Gaza passes 900Israeli forces responded to unprecedented attacks by Hamas militants from Gaza. Hezbollah said it attacked Israeli targets near the Lebanon border.
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Israel-Hamas conflict live updates: Netanyahu declares war after Hamas attackThis is additional taxonomy that helps us with analytics
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