Caution in Treasury Bonds Before Key Events

Treasury bonds remain stable as analysts closely monitor upcoming employment data and presidential elections in the U.S. and Japan. Stock markets also show positive variations amid increasing appetite for risk assets on Wall Street.


Caution in Treasury Bonds Before Key Events

Treasury bonds remained stable due to caution ahead of important upcoming events in the next weeks, such as employment data, the U.S. presidential elections, and the Federal Reserve's (Fed) decision on interest rates. Analysts from Bx+ indicate that no major catalysts are expected for the day, with elections in Japan on the horizon and a busy economic agenda next week, including the publication of results from large-cap companies.

The New York Stock Exchange extended its trading hours on its Arca stock platform to 22 hours on weekdays to meet global demand for U.S. stocks. Regarding local exchanges, the S&P/BMV IPC of the Mexican Stock Exchange and the FTSE-BIVA of the Institutional Stock Exchange show positive variations, with increases of 0.52% and 0.38% respectively.

On the other hand, in Europe, stock indices show mixed movements. The DAX in Germany and the CAC 40 in France report gains, while the FTSE 100 in London and the IBEX 35 in Spain are in the negative.

In the international oil market, West Texas Intermediate (WTI) and Brent report increases. On Wall Street, there is greater interest in risk assets due to quarterly reports that have exceeded analysts' expectations. The Nasdaq leads with an increase of 1.39%, followed by the S&P 500 and Dow Jones.

Technology stocks are prominent in the market rebound, with the Nasdaq 100 rising approximately 1.5% and a mega-cap indicator showing its best rebound since April. Pressure on performance and the stock market is expected to continue easing initially.