USA 10 year bond yield currently trading at 4.33 and this indicates that FED interest rate cut going to take more time and this is slightly negative news for US stock markets

USA 10 year bond yield currently trading at 4.33 and this indicates that FED interest rate cut going to take more time and this is slightly negative news for US stock markets.

Generally if the value of 10 year bond yield falls below 4 then we can assume market is optimistic that there will be interest rate cuts.

However most of officials in US FED is still optimistic that there will be three interest rate cuts.

US Nymex crude oil is currently trading at price above 84 USD. This also indicates inflation is increasing.