Yields on 10-year and 30-year US government bonds hit their highest since 2007.
Ex-Trump accountant's testimony in NY fraud trial appears to agitate ex-prez, who whispers in lawyer's earKen Griffin admits doubts about stock market, economy: ‘I’m a bit anxious’Wall Street’s key indexes dropped on Tuesday as Treasury yields extended their multi-year-high rally after hotter-than-expected jobs data fanned fears of
Yields on 10-year and 30-year US government bonds hit their highest since 2007, pushing Apple, Tesla, Amazon, Alphabet and Microsoft lower between 0.8% and 2.5%.“We’re in the middle of a historic move in the 10-year Treasury … the curve had been historically inverted and in many ways we’re just playing catch up,” said David Russell, global head of market strategy at TradeStation.
The S&P 500 ended flat on Monday with utilities, often considered as a bond proxy, falling sharply on uncertainty over the interest rate trajectory, as the 10-year Treasury yield surged following a funding deal that
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