The benchmark 10-year Treasury yield is hovering below levels that caused a massive crash last fall.
Yet, persistent inflation and weak Treasury auctions could boost yields past the 5% mark.
Once this threshold is crossed, investors could be in for a sharp correction in stocks.
Treasury bonds might not be the most high-octane trade, but yields rising not that far from current levels could eventually make th...

Ether price is up today as interest in the spot ETH ETF in Hong Kong and investors’ expectation of a looser monetary policy in the U.S. boosted sentiment.
The price of Ether
ETH
tickers down
$3,002
regained some of its losses on May 2 following a 14.2% decline from April 28 to May 1, which bottomed out at $2,817. This downturn caused $162 million in leveraged long liquidations. However, a subsequent 6.4% rise between May 1 and May 2 saw Ether's price ...

Mortgage demand dipped last week as mortgage rates reached their highest levels since November 2023. Applications decreased by 2.3% on a seasonally adjusted basis during the week ending April 26, according to the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey.
“Inflation remains stubbornly high, and this trend is convincing markets that rates, including mortgage rates, are going to stay higher for longer. No doubt, this is...

Tesla stock dropped as much as 5% on Tuesday amid reports of more layoffs at the company.
Layoffs include senior executives and their teams overseeing charging infrastructure.
The slump pared some gains from the previous day following optimism around Musk's surprise China visit.
Shares of Tesla dropped as much as 5.5% on Tuesday amid reports that Elon Musk announced hundreds more layoffs, including...

BTC, ETH nurse losses after weak demand for Hong Kong ETFs.
The six ETFs registered a first-day trading volume of just $11 million.
Bitcoin {{BTC}} faced selling pressure during European hours after data showed poor uptake for Hong Kong’s newly listed exchange-traded funds tied to bitcoin and ether.
The leading cryptocurrency by market value fell nearly 2% from $63,300 to under $61,000 in 60 minutes to 09:00 UTC, CoinDesk data show. Ether {...

$Mullen Automotive (MULN.US)$ this is still getting alot of volume for after hours this should continue tomorrow to right

Cryptocurrencies gave up their weekend gains, with the broad-market CoinDesk Market Index declining 3% over the past 24 hours.
The first batch of Hong Kong-listed spot bitcoin and ether ETFs will start trading on Tuesday morning.
ChinaAMC's head of digital asset management said the offerings will be beneficial for crypto prices improving liquidity and expand participation.
Crypto markets were lower across the board, with bitc...