The barometer of US interest rates, the 10 year Treasury yield, is so far holding steady amidst ongoing angst in Europe and logger-heads on the US debt ceiling. Courtesy of Technical Analyst, Cory Venable.
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Cory’s Chart Corner
Load MoreMany will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Thanks, Danielle. An instructive way of looking at bond market trends. With positions in a variety of corporate bond funds (no junk), the trend you identify is encouraging.
rocktyke
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