The 10-year yield shot up from the mid-4.5% range toward nearly 4.8% by the weekβs end, marking quite a shift in rate expectations.
Market's treating strong employment as a negative right now - just like in 1994 when good news was bad news. That semiconductor/quantum computing whiplash really shows how the market's still trying to price the future of tech.
Market's treating strong employment as a negative right now - just like in 1994 when good news was bad news. That semiconductor/quantum computing whiplash really shows how the market's still trying to price the future of tech.