The Daily · Fri 13 Nov 2026
US equity futures fall 0.80% on Friday as Treasury yields climb
S&P 500 futures closed the week higher by 2.12% even as yields across the US curve advanced and the euro weakened against the dollar.
US equity futures retreated on Friday, November 13, 2026, while yields across the Treasury curve moved higher and the dollar strengthened against the euro. S&P 500 futures fell 0.80% on the day to settle at 7,561.00, trimming a weekly advance that still left the contract up 2.12% over the five-day span. The session combined softer equity prices with rising sovereign yields and a modest gain in gold futures.
Sentiment stays in fear territory
The Fear & Greed index closed Friday at 40, remaining within the Fear zone on a scale where 0 denotes extreme fear and 100 denotes extreme greed. The reading rose 3 points from the prior trading day, when it stood at 37, and climbed 19 points from its level of 21 one week earlier. Despite the single-day drop in equity futures, the improvement in the sentiment gauge over the week is consistent with the broader weekly gains in stocks.
Compared with one month ago, however, the index was down 5 points from a reading of 45. That monthly decline shows that while short-term caution eased over the past week, the gauge has not returned to the more neutral posture seen a month earlier.
Equities slip on the day
S&P 500 futures lost 0.80% during Friday trading to finish at 7,561.00. The daily pullback came alongside higher yields across the US government bond market and a firmer dollar, a combination consistent with reduced appetite for equities at the close of the week.
Over the full week, S&P 500 futures gained 2.12%. That weekly performance aligns with the 19-point weekly recovery in the Fear & Greed index, indicating that Friday selling pared rather than erased the upward move accumulated earlier in the week.
Treasury yields rise across maturities
US Treasury yields increased across the curve on Friday, led by the benchmark intermediate maturity. The US 10-year Treasury yield rose 5 bp on the day to close at 5.15%, while the US 30-year Treasury yield climbed 4 bp to 5.47% and the US 2-year Treasury yield added 2 bp to finish at 4.88%. With the 30-year yield at 5.47% and the 2-year yield at 4.88%, the longer maturity remained above the front end, and the larger daily increase at the long end was consistent with a slight steepening between the two points on Friday.
For the week as a whole, the pattern across the curve was the opposite, with short-term rates moving up faster than long-term rates. The 2-year yield jumped 37 bp over the week, outpacing the 29 bp weekly increase in the 10-year yield and the 21 bp weekly rise in the 30-year yield. The heavier selling at the front end over the week narrowed the gap between the 2-year and 30-year maturities.
Dollar firms while gold edges higher
In currency markets, Euro FX futures fell 0.29% on Friday to settle at 1.1036, extending their weekly loss to 1.08%. The decline in the euro against the dollar occurred alongside the weekly climb in US Treasury yields, particularly at the two-year maturity, which is consistent with rate differentials favoring the US currency.
Gold futures posted a gain of 0.15% on the day to close at 3,887.6, holding up despite the firmer dollar and higher daily Treasury yields. Over the week, however, gold futures fell 4.70%, a decline that is consistent with the substantial weekly rise in sovereign yields and the stronger dollar.
| Market | Close | Day | Week |
|---|---|---|---|
| Fear & Greed index | 40 · Fear | up 3 points | up 19 points |
| S&P 500 futures | 7,561.00 | −0.80% | +2.12% |
| Euro FX futures (EUR/USD) | 1.1036 | −0.29% | −1.08% |
| Gold futures | 3,887.6 | +0.15% | −4.70% |
| US 2-year Treasury yield | 4.88% | +2 bp | +37 bp |
| US 10-year Treasury yield | 5.15% | +5 bp | +29 bp |
| US 30-year Treasury yield | 5.47% | +4 bp | +21 bp |
The Fear & Greed index is updated every day. Its 7- and 30-day forecasts, the seven measures behind it and its cycles are part of Professional; the Yield Curve report is free every weekend at https://www.weeklymarketreport.com/yield-curve.
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