Stocks Dodge A Yield Curveball And Claw Back To Even
· theetfbully.com
[Chart courtesy of MarketWatch.com] Stocks started October on the back foot as surging Treasury yields pressured the broader market, despite blockbuster earnings from Micron. The 10-year yield briefly climbed above 5.34%, touching levels not seen in roughly 24 years, while the 30-year pushed above 5.66%. That’s becoming the market’s elephant in the room. Stocks remain near record highs, but with ... Read More
[Chart courtesy of MarketWatch.com]
Moving the market
Stocks started October on the back foot as surging Treasury yields pressured the broader market, despite...