That SPDR S&P 500 ETF Trust SPY rebounded from its 2022 lows this week as investors digested a mixed bag of it Corporate Earnings Reports.

The 10-year US Treasury yield hit 4.337% on Friday, its highest level in 14 years. Treasury bond yields retreated from their highs to end the week, according to a Wall Street Journal report that some Federal Reserve officials are becoming uneasy about the pace of the central bank’s rate hikes.

Related link: Why the Fed must ‘break the labor market’ to avoid a ‘wage-price spiral’

Amid rising interest rates, the Mortgage Bankers Association reported on Wednesday that US mortgage demand fell to a 25-year low. The average interest rate for a 30-year fixed-rate mortgage has risen to 7.15%the highest level since 2002.

United Kingdom Prime Minister Liz Truss resigned on Thursday after just a month and a half on the job. Truss’ financial plan, which included aggressive tax cuts and investment stimulus, sent the pound sterling to record lows against the US dollar and caused extreme volatility in financial markets, prompting them to reverse course and eventually exit their position.

Related link: UK pulls back on income tax cut for top earners after markets falter

The Washington Post reported Friday that the influential Tesla CEO Elon Musk plans to lay off 75% of the Twitter workforce once it completes its $44 billion acquisition of the social media platform. On the same day, Bloomberg reported that the Biden administration was considering a review of Musk’s Starlink satellite internet service and his Twitter buyout deal for reasons of national security.

cold snap: Snapchat parent company shares snap inc SNAP traded 31% lower on Friday after the social media company reported 6% revenue growth in the third quarter, versus 57% growth in the same quarter a year ago.

In the coming week, investors will receive further quarterly reports from big technology companies Alphabet, Inc. WELL Google on Tuesday, Metaplatforms Inc META on Wednesday and…