What to watch today: Futures relatively steady after comments from Russia’s top diplomat

What to watch today: Futures relatively steady after comments from Russia’s top diplomat

BY THE NUMBERS wiped out sharp earlier losses and turned briefly positive to start the new week after Russian Foreign Minister Sergey Lavrov on Monday appeared to suggest Moscow would continue talks with EU and NATO officials over Ukraine. Investors are monitoring the possibility of Russia invading Ukraine and the Federal Reserve raising interest rates more aggressively this year, starting next month. (CNBC) * (CNBC) The topped 2% last week for the first time since 2019 after Thursday's biggest 12-month gain in consumer prices since 1982 and again Friday after U.S. Secretary of State Antony Blinken said a Russian "invasion could begin at any time" in Ukraine. The 10-year yield turned positive Monday on the Lavrov comments, pushing back to 1.98%. (CNBC) IN THE NEWS TODAY St. Louis Fed President on CNBC on Monday reiterated he'd like to see rates rise by 100 basis points by July. "Our credibility is on the line here," Bullard added, referring to the need to deal with escalating inflation. He added the Fed should . Bullard's rate call roiled markets Thursday. (CNBC) The on Friday , or 1.4%. The dropped 1.9% and the shed 2.8%. All three stock benchmarks were lower for the week.