Stocks are a hair’s breadth away from records and Treasury yields are soaring at a pace last observed years ago, a shift that investors say points to an unraveling of fear-driven bets that sent markets tumbling in August.
The yield on the 10-year Treasury note, which investors closely track because it helps set rates on everything from student debt to mortgages, is on course for its steepest one-month rise since January 2018. On Friday, the yield was 1.754%, compared with 1.469% at the start of the month.
The market and Econ is good, enjoy. I will eventually be corrected but not now. Thanks Trump.
Imagine if we could get rid of Trump without a big recession. Best case scenario.
Cuz the fed is printing funny money not seen since 2008 to prop the econ along a little bit further. It is coming, 18 months or less and a crash bigger then we’ve seen will hit
Trumps economy
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