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S&P set for weekly decline as Treasury focus leaves yields steady

Reported · Written up by our desk · Indices

Bond markets were largely steady as Treasury efforts to curb borrowing costs failed to spark a major move in yields, setting the tone for a mixed session, according to WSJ Markets.

With yields holding up rather than surging, the S&P 500 was positioned to end the week lower.

In parallel, bitcoin rose as traders appeared to treat the bond market developments as less of a headwind for risk assets, WSJ Markets reported.

Latest closeBitcoin $77,298.59 ▲5.8%|S&P 500 7,785.76 ▼0.2%

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