The SPDR S&P 500 ETF Trust (NYSE:SPY) rebounded from its 2022 lows this week as investors digested a mixed bag of corporate earnings reports.
The yield on 10-year U.S. Treasury bonds hit 4.337% on Friday, its highest level in 14 years. Treasury yields backed off their highs to close out the week following a Wall Street Journal report that some Federal Reserve officials are growing uneasy with the pace of the central bank's interest rate hikes.
