S&P Futures Drop Amid Inflation Concerns as Bond Yields Rise
June S&P 500 E-Mini futures fell by -0.95% due to rising oil prices and inflation fears, which pushed Treasury yields higher across maturities. The 10-year T-note yield reached a nearly one-year high of 4.54%, with investors now pricing in roughly a 50% chance of a Fed rate hike by year-end.
Topics: bond_yields inflation oil_prices S&P_futures U.S.-China_relations