{"id":338502,"date":"2026-05-21T20:18:33","date_gmt":"2026-05-21T14:48:33","guid":{"rendered":"https:\/\/ebiztoday.news\/?p=338502"},"modified":"2026-05-21T20:18:33","modified_gmt":"2026-05-21T14:48:33","slug":"stock-markets-open-lower-as-bond-yields-near-pre-great-recession-levels-national","status":"publish","type":"post","link":"https:\/\/ebiztoday.news\/index.php\/2026\/05\/21\/stock-markets-open-lower-as-bond-yields-near-pre-great-recession-levels-national\/","title":{"rendered":"Stock markets open lower as bond yields near pre-Great Recession levels – National"},"content":{"rendered":"

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North American stock markets opened lower Thursday as oil prices rose and treasury yields resumed their climb amid the continuing stalemate between Iran and the U.S.<\/p>\n

High yields slow economies and weigh on prices for stocks, cryptocurrencies and every kind of other investments. Besides driving up rates for mortgages, they might also curtail corporations\u2019 borrowing to construct the artificial-intelligence data centers which were supporting the U.S. economy\u2019s growth recently.<\/p>\n

The 30-year Treasury\u00a0bond\u2019s yield\u00a0US30YT=RR, which is seen as a barometer of geopolitical and financial risk, was last up 1.7 bps at 5.139 per cent. It briefly touched 5.197 per cent on Tuesday, its highest since July 2007 before the worldwide financial crisis.<\/p>\n

The S&P 500, Dow Jones Industrial Average and\u00a0 the Nasdaq each retreated roughly half a per cent shortly after market opened.<\/p>\n

Meanwhile, the Toronto Stock Exchange was within the red by a couple of quarter of 1 per cent.<\/p>\n

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Walmart shares slid greater than six per cent after the retail giant delivered one other quarter of impressive sales but offered up a weaker outlook than analysts were hoping for. Walmart has resonated with Americans who’ve grown increasingly cautious about where they spend their money with inflation taking an even bigger bite out of paychecks, particularly because the start of the Iran war in late February.<\/p>\n

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Nvidia flipped between small gains and losses overnight after the substitute intelligence chipmaker latest quarterly results surpassed Wall Street\u2019s expectations once more.<\/p>\n

Massive demand for its high-end AI chips pushed revenue up 85 per cent within the period while profits greater than tripled, the corporate said after markets closed Wednesday.<\/p>\n

Oil prices pushed higher early Thursday, a day after falling five per cent. Brent crude, the international standard, gained nearly US$4 to almost $109 per barrel, while U.S. benchmark WTI crude added $4 to $102 per barrel.<\/p>\n

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Brent stays well above its roughly $70 level from before the war with Iran. Prices have been yo-yoing on rising and falling hopes that america and Iran can reach an agreement to finish their conflict and permit oil deliveries to totally resume from the Persian Gulf to customers worldwide.<\/p>\n

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