Overall, the market had a great week last week based on pivot hopes and good inflation data. The 10 year Treasury bond yield dropped from 4.16% to 3.81% on the week and the S&P (stock market) shot up 5.9% ! The Bond market was closed on Friday while the stock market was busy ripping. So today as the bond market opened back up, we got to see how it would process the good inflation news.
The 10 Year Yield Movement Today = 👍
The 10 Year Yield Movement Today = 👍
The 10 Year Yield Movement Today = 👍
Overall, the market had a great week last week based on pivot hopes and good inflation data. The 10 year Treasury bond yield dropped from 4.16% to 3.81% on the week and the S&P (stock market) shot up 5.9% ! The Bond market was closed on Friday while the stock market was busy ripping. So today as the bond market opened back up, we got to see how it would process the good inflation news.