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10-year Treasury yield hovers above 1.7% amid trade, global growth worries


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The New York Times
SOURCE: https://www.cnbc.com/2019/08/09/us-bonds-10-year-treasury-yield-in-focus-amid-trade-growth-worries.html
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Keep Me Logged InFor Goldman, the move heightens the risks it faces launching a credit card during the latter stages of a decade-long U.S. expansion.Uber has worked to keep riders, and drivers, loyal with membership offerings and loyalty rewards, while battling competitors like Lyft.General Electric, Kraft Heinz and Newell Brands are the only companies in the S&P 500 that lost more money last year than Uber's $5.2 billion Q2 deficit.Huawei has launched its own operating system — the HongmengOS, known in English as the HarmonyOS.Dow set to drop; recession signal may be near; Uber sinks after big loss; Uber's Q2 worse than most troubled companies' 2018; and Goldman dips into subprime with Apple Card.China is expected to dramatically reduce its intake of U.S. crude imports over the coming weeks, energy analysts have warned.Kraft Heinz is hurting, and the pain is likely to persist, some traders say.Wall Street analysts called Uber a risky bet but are standing by the stock in the wake of the company's disappointing earnings report.Though candidates like Joe Biden and Kamala Harris sparred over their health plans, voters may not have learned much in Democratic debates.The dramatic scramble for U.S. debt has pushed a bond market recession indicator inches away from the warning zone.Uber CEO Dara Khosrowshahi downplayed concerns about new competition in London during the company's earnings call Thursday.Tesla CEO Elon Musk's now-infamous tweet on Aug. 7, 2018 marked the beginning of a chaotic 12 months for the Silicon Valley automaker.U.S. government debt prices were higher Friday morning, amid fresh concerns about an economic slowdown and a protracted trade dispute between the world's two largest economies.At around 05:10 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.7069%, while the yield on the 30-year Treasury bond was also higher at around 2.2342%.

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