The yield curve between two-year notes and 10-year notes US2US10=TWEB was last flatter at 58.6 basis points, after steepening to 62.4 basis points earlier Wednesday.
There have been far more severe storms in recent years.
Brent crude futures LCOc1 settled 6 cents higher at $69.26, after hitting $70.05 during the session, its highest level since November 2014.
None proved to be the turning point and world markets kept on keeping on.
The dollar rose against its Canadian counterpart and and Mexico's peso after a Reutersreport said Canada increasingly believes that U.S. President Donald Trump will soon announce his intention to withdraw from the North American Free Trade Agreement treaty.
There's little to suggest the equity juggernaut is about to reverse either, at least not yet, with Wall Street chalking up its best start to a year since 1987 (and even though Black Monday on October 19 that year was the worst day in USA market history, Wall Street still ended 1987 in the green).
Overnight jitters in global bond markets triggered a flare-up in investor caution that knocked the Australian sharemarket lower again today.
When compared with real yields, which account for inflation, stocks aren't "particularly expensive", according to the Bank for International Settlements.
A forthcoming decision from Washington over whether to impose sanctions against China for its trade practices and alleged failure to enforce global sanctions against North Korea may also have been at play. The yuan gained around 6.8 percent versus the dollar previous year. The currency traded at $0.7867 USA, which compared to levels around the $0.783 handle seen before the release.
"With all that said, and similar to our views from a year or so ago, it remains premature to declare beginnings of bear markets", he added.
There's that. And then there's also the central bank's counter-measures should bond yields continue to rise amid low inflation - knowing that it had worked in the past, central banks would have no misgiving about reinstating bond buying.
Prepare To Die Again…Dark Souls Remastered Announced
Rumors had been swirling all day, but at Nintendo Direct Mini , Dark Souls: Remastered was formally announced for the Switch . If we hear any further news of the release of this bundle outside of Japan, we'll be sure to let you know.
Winter Storm Watch Begins Late Wednesday Night
The combination of ice from the freezing rain and light snow on Friday may result in hard driving situations. By the time the storm passes on Thursday evening, anywhere from 3 to 5 inches of snow will have fallen.
It is true that China is one of the biggest external holders of U.S. treasuries, along with Japan, which means that they do have enormous influence over how the market can and does move.
ING Bank Greater China economist Iris Pang said it would be no surprise if China wanted to revise its foreign reserves portfolio when global investors started to walk away from US Treasuries whose issuance cost could increase after the tax cut in the US.
SAFE officials noted that "the handling of China's foreign reserves investment in U.S. bonds is professionally managed according to market activity, on the basis of market conditions and investment needs".
In recent years Beijing has held its foreign reserves at roughly the same level and has not been actively increasing purchases of US debt.
What was the market fallout?
In the past two weeks, two of China's star companies, Ant Financial and Huawei, have met setbacks in the U.S. market where their investments were being obstructed, triggering a wave of mainland Chinese state media criticisms against the USA government for its "protectionism". Wall Street survived a wobble in late 2015-early 2016 to rise 25 percent.
That marked a turnaround after China burnt through almost US$320 billion in 2016 to defend the yuan, which fell 6.5 percent against the surging dollar.
The world's second largest economy has long invested heavily in U.S. bonds as a way of controlling the value of its own currency the yuan.
Meanwhile, demand for USA and other high-grade sovereign bonds is as strong as ever. The Fed holds $3.015 trillion of Treasuries for other central banks, down from $3.052 trillion in September.
Forced out of sovereign debt by the quantitative easing of central banks bond purchases and into riskier assets such as corporate and high-yield bonds, private sector investors are now underweight government bonds relative to where they would have been in QE's absence, reckons Deutsche Bank.
Their bid for bonds is relatively price-insensitive.
With the euro zone seeing its best growth in a decade, the European Central Bank should gradually shift its stance to avoid a more disruptive move later and look at a broader revision of its policy guidance to reduce the focus on bond purchases and raise the emphasis on interest rates, accounts of the ECB's December meeting showed.
Right now the Yankees have Luis Severino, Masahiro Tanaka, Sonny Gray, CC Sabathia and Jordan Montgomery in their rotation. Now, according to multiple reports, the Astros are on the verge of landing Pittsburgh Pirates ace Gerrit Cole .
In addition, TCL introduced a new version of the highly-acclaimed BlackBerry KEYone smartphone , the so-called Bronze Edition . Something new the Bronze Edition of the KeyOne has is dual-SIM support, which is popular in Europe, the Middle East and Asia.
However, some have chronic health problems and the flu can lead to complications ranging from moderate to life-threatening. In Ohio, adult deaths believed to be associated with the flu aren't required to be reported to public health agencies.
The Cleveland Browns have made a concerted effort over the last several weeks to refigure their front office with new personnel. The Cleveland Browns continue to revamp their front office, and continue to pluck from the Green Bay Packers .
Meghan's social accounts were a treasure trove of tips on being your best you, with inspirational quotes and tips. Her last Instagram post was a farewell to The Tig , which she shut down in April a year ago .
Redux specialised in transforming any surface into a speaker and Google purchased the company late previous year . Google quietly acquired a United Kingdom tech startup without anyone noticing - until now that is.
Firefighters threw wet clothing and other items out of the building Sunday as they mopped up after the fire. Wisegarver said the men had been talking for some time about moving out of the apartment prior to the fire.
Christopher Plummer was chosen as Spacey's replacement, resulting in reshoots of certain scenes. "They all came in for free". This would contradict director Ridley Scott's remarks to USA Today in December that "everyone did it for nothing".
Many believed he'd be headed to the Lions, but it has since been reported that he favors the Giants over the other two teams. On Wednesday, Leonard reported that "all signs" pointed to the Giants hiring the Super Bowl-winning defensive coordinator.
Lenovo today announced the Mirage Solo , the first standalone headset compatible with Google's Daydream virtual reality platform. Thanks to its dual 13MP fisheye cameras deliver a 3D stereoscopic effect by capturing the same image at two different angles.
Rohingya refugees get $3m lifeline from Japan
Myanmar's government does not recognise the term "Rohingya", and insists that the minority are illegal immigrants from Bangladesh. Villagers had dug a pit and the men were ordered to enter it, where they were shot by the security forces.
Doesn't want to play under franchise tag in 2018
Bell said: "Just get the numbers straight, exactly where we want them". "I know what I do and what I bring to the table". According to CBS Sports' Jason La Canfora, Bell would make $14.54 million if the Steelers franchise-tagged him again.
Large scale protests erupt in Tunisia over austerity measures
A Jewish school and a historic synagogue were attacked in Djerba as police focused on curbing unrest elsewhere in the country. Protesters have burned dozens of state buildings, prompting the government to send the army into several cities and towns.
Gas Prices Rise 0.6 Cents In Chattanooga
But McTeague admitted regardless of prices, drivers will likely continue to fuel up in 2018, albeit with a grumble. AAA found regular gas in MA for sale as cheaply as $2.31 per gallon and as expensive as $2.79 per gallon.
Home and Away fans pay tribute to Jessica Falkholt
The family has asked for privacy during this very hard time", the statement read. "They are together and always will be", he said. On Wednesday they were farewelled at a moving funeral ceremony at St Mary's Catholic Church at Concord in Sydney's west.