Meta hired MongoDB's CEO, and the ten-year hit its highest since 2007
Treasury yields climbed across the curve, the two-year up 11bp and the ten-year to 5.24%, its highest since 2007, into a week of PCE and payrolls. Meta hired MongoDB CEO CJ Desai to run a new enterprise AI unit: MongoDB fell 18.5% and Meta 4.8%. Nvidia added a record $150bn to its buyback and rose 1.7% while chips fell. Trump's rejection of Iran's seven-day ceasefire lifted oil early, and the S&P fell 0.77%.
- S&P 500
- −0.77%
- 10-year
- 5.24%+7bp
- MongoDB
- −18.5%
- Meta
- −4.8%
- VIX
- 16.07