December S&P 500 E-Mini futures (ESZ25) are down -0.57%, and December Nasdaq 100 E-Mini futures (NQZ25) are down -0.68% this morning, pointing to a lower open on Wall Street as Treasury yields climbed following hawkish comments from Bank of Japan Governor Kazuo Ueda.
Treasury yields tracked Japanese government bond yields higher after BOJ Governor Kazuo Ueda offered his strongest signal yet of a rate hike this month. Ueda said on Monday that the central bank “will consider the pros and cons of raising the policy interest rate and make decisions as appropriate” by assessing the economy, inflation, and financial markets both domestically and overseas. Ueda’s remarks prompted investors to shift away from risky assets.
