Browsed the CNN market page and noticed that rates on the 10 yr. closed up at 4.393% at 5 pm EST on Friday. That’s a big jump after the SM close where I think rates were 4.31% or so?
Usually, I’ll check on Bitcoin over the weekend since it trades 24/7.
Pre-market Stock Trading | CNN
Just wondering why no one in the financial news – even ZH – is talking about the bond market. Seems like there’s a problem there. I don’t doubt that “nobody will see it coming.” That’s roughly a full point jump since the Fed cut 1/2%. The Fed meets this week, the pullback in the metals may make sense now. They love to put pressure on pm’s the week before a meeting. Seems they almost have to cut another 1/2%, but what if rates continue to move higher?