20 January 2022 - Stocks Slide Again | Lynas Update Global markets were mixed overnight, with US Markets (S&P 500 index -1.0%) ending a volatile session lower as investors weighed up strong corporate earnings against rising interest rates & the timing of potential policy tightening. The U.S. 10-year Treasury yield topped 1.9% at one point on Wednesday, its highest level since December 2019 - the 10-year rate started the year around 1.5%. Most sectors were lower, with Consumer Discretionary, Financials and Tech shares leading losses. Bank of America rose +0.4% and Morgan Stanley was up +1.8% after their earnings beat expectations, partially recovering from their sharper fall earlier, while other banking stocks continued to slide.  Procter and Gamble shares jumped +3.4% after their earnings beat expectations, holding margins stable (which investors were more concerned about) and provided an upbeat sales guidance. Of the 44 S&P 500 companies that hav...