The yield on the benchmark 10-year U.S. Treasury note fell below 4.3% Wednesday, a significant level when considering where it started the month—hovering above 4.8%.
This comes a day after a formerly hawkish Fed official endorsed an extended pause on rate moves.
Investors are also digesting Tuesday’s death of Berkshire Hathaway titan Charlie Munger .
Contracts tied to the S&P 500, Dow industrials and Nasdaq-100 each ticked up modestly.
The benchmark S&P 500 is on pace to end November with its best month since July 2022.
Persons:
Berkshire Hathaway, Charlie Munger, Dow, Gold, Hang Seng, ”
Organizations:
Treasury, Fed, Dow industrials, Nasdaq, Futures, Hormel Foods
Locations:
Europe, Berkshire, Asia, Hong