Investors have been waiting for the right moment to jump back in the frigid bond market. On Monday, some of them took the plunge.
A monthslong bond selloff helped push the 10-year U.S. Treasury yield above 5% on Monday morning for the first time since 2007. Some investors saw the milestone as a buying opportunity, quickly pushing yields back to 4.836%. Yields rise as prices fall.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft, Boeing, Amazon, Chipotle, Meta, Alphabet, and More Stocks to Watch This WeekThird-quarter earnings from Big Tech, auto makers, and more. Plus, a first look at GDP growth and the Federal Reserve's preferred inflation measure.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks Poised to Open HigherThis week features a smattering of earnings from Big Tech companies as well as GDP and inflation reports.
Source: MarketWatch - 🏆 3. / 97 Read more »
US Stocks Stage Big Rally, Erase 600 Point Drop in DowWall Street staged a swift, last-minute turnaround Thursday that rescued stocks from a steep dive and put the market on track to end a topsy-turvy, volatile…
Source: NBCNewYork - 🏆 270. / 63 Read more »
These stocks are trying to solve a major shortcoming of weight loss drugs: Shrinking muscle massPiper Sandler analyst Allison Bratzel said the loss of lean muscle while taking GLP-1 drugs is 'a major shortcoming' that could have bigger consequences.
Source: CNBC - 🏆 12. / 72 Read more »
Top Wall Street analysts favor these five dividend stocks during tumultuous timesTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Cisco and Chesapeake Energy.
Source: NBCDFW - 🏆 288. / 63 Read more »