NewInvestor
Supremacy Member
- Joined
- Dec 17, 2014
- Messages
- 7,341
- Reaction score
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The financial press speculates that traders are slightly more confident the Federal Reserve will lower interest rates — I think an ADP jobs number released today gave them that idea — and they feel stocks are slightly more valuable with a rate cut.
It’s just their guess, though.
The S&P 500 index hit yet another all-time intraday and closing high today. Actually, all the major indices did. And the 10 year U.S. Treasury yield broke well below 2%, down now to just a little above 1.95%. What a strange yield curve!
Will all hell break loose when 10 year treasury break below 1.5% or is it already breaking loose?

