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Treasuries Show Strong Move Back To The Upside As Tech Stocks Tumble

Grade Abullish AI signal$GOOGL$NDX$WTI
U.S. Treasuries rallied as technology stocks tumbled, with Alphabet plunging 13% after reporting weaker-than-expected third-quarter revenue and negative free cash flow. The 10-year Treasury yield fell 5.6 basis points to 4.989%, while third-quarter U.S. GDP growth reached 3.4%, exceeding the 3.1% economist forecast. Continued tech-sector weakness could sustain safe-haven demand for Treasuries, while resilient economic growth and persistent inflation could complicate the outlook for interest rates.

Bullish strength: 70/100

  • Treasury prices advanced strongly as investors sought potential safe-haven assets.
  • The 10-year Treasury yield declined 5.6 basis points to 4.989%.
  • Crude oil futures moved lower, potentially easing inflationary pressure.

Bearish strength: 30/100

  • U.S. PCE inflation accelerated to 3.6% annually in September.
  • Third-quarter GDP growth of 3.4% exceeded expectations, potentially complicating the outlook for interest-rate cuts.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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