White House · Donald Trump · U.S. Treasury · Wall Street · Federal Reserve (FED) · CNBC Technology
Xi arrives in D.C., Treasury yields hit multiyear highs, McDonald's growth plan and more in Morning Squawk
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Key facts
- Social Security's full retirement age currently sits at 67 for those born in or after 1960
- In remarks to the United Nations Security Council, OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei both called for international partnerships to address risks posed by AI
- Treasury Secretary Scott Bessent told Fox News yesterday that the U.S. and China agreed to extend their trade truce to Jan. 10
- Haley Stevens' Blue Collar Social Security Fairness Act, eligible individuals could claim full benefits beginning at age 60
Summary
Planning a home project? Stock futures are falling this morning after a down day on Wall Street. Here are five key things investors need to know to start the trading day:. Fears that the Federal Reserve will deliver another interest rate hike this year pushed Treasury yields to multiyear highs yesterday, in turn causing the three major averages to close the session lower. The 10-year U.S. Treasury yield recorded its biggest one-day gain in almost 18 months yesterday, reaching highs not seen in 19 years.