TBX
Treasury yields at a critical level but no one knows which way they’ll break
Prices for 10-year Treasuries remained just strong enough to keep yield on this benchmark bond below 3%. Not much below 3%, granted. The high for the day so far is 2.996% as of 3 p.m. New York time. At 3 pm. the yield on the 10-year Treasury was 2.97%, up one basis point for the day.
Trick or trend: 10-year Treasuries drop, yield climbs to February peak at 2.95%
The yield on the 10-year U.S. Treasury climbed to 2.95% today, up 4 basis points on the day. That equals the high yield for 2018 set back in February. The driver this time is an increase in commodity prices that has revived fears of inflation
Adding an ETF to short Treasuries to my Volatility Portfolio
As I write this at 3:50 p.m. New York time, the Dow Jones Industrial Average is down 646 points or 2.47%. The Standard & Poor's 500 Stock Index is off 1.92% or 54.32 points. The NASDAQ Composite is down 1.89% and the Russell 2000 small cap index is lower by 1.72%....Jim’s Stock Alerts
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