Stock Market Update
28-May-25 11:30 ET
Treasuries slipping
Dow -139.36
at 42204.29,
Nasdaq -17.91
at 19181.25,
S&P -14.75
at 5906.79
[BRIEFING.COM] The major averages have continued their sideways drift, leaving the S&P 500 (-0.3%) just below its flat line.
Yesterday's rally received some added support from a rise in Treasuries, but the bulk of those gains have been reversed today. The 10-yr yield is up six basis points at 4.49% today and down just two basis points since the end of last week. The 2-yr yield, meanwhile, is up three basis points at 3.99% today, and down just one basis point for the week.
The selling in Treasuries comes ahead of today's $70 bln 5-yr note sale at 13:00 ET.
