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BullNBear52

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Thursday, 11/07/2019 2:36:11 PM

Thursday, November 07, 2019 2:36:11 PM

Post# of 54371
Rates surge with the 10-year Treasury yield jumping the most since Trump’s election
PUBLISHED THU, NOV 7 20192:38 AM ESTUPDATED MOMENTS AGO
Thomas Franck
@TOMWFRANCK
KEY POINTS
The 10-year yield jumped 15 basis points to 1.96%, the biggest jump since the 20-basis-point move the day after Trump was elected in 2016.
The yield curve, which inverted over the summer, raising recession fears, steepened to the widest since January.
The move coincided with a risk-on move by investors out of bonds and into stocks with the S&P 500 jumping to a new record on Thursday.

https://www.cnbc.com/2019/11/07/us-treasury-yields-amid-focus-on-us-china-trade-developments.html

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