enterprise

Stock Market Today: Stocks Sink With Big Tech Earnings on Deck – Kiplinger's Personal Finance


Stocks closed out a dismal week on a down note as Treasury yields hovered near their highest levels in almost two decades. The latest round of earnings reports did little to lift sentiment, while investors also reduced exposure heading into the weekend amid elevated geopolitical tensions. 

Investors are keeping a close eye on bond yields, with those on the 2-year and 10-year Treasury notes hovering near levels not seen since 2006 and 2007, respectively. What’s more, the yield on the 10-year note came dangerously close this week to breaking out above the 5% mark – something it hasn’t done since July 2007.





READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.