Equity Markets Take on The 3% Bond Yield Challenge: Who Wins?
After 8-straight positive closing sessions, the Dow fell a little more than half a percent yesterday. Much of the blame for the near 200-point decline was attributed to the 10-yr. T-bill. The yield on the benchmark 10-yr. T-bill note early Tuesday climbed to match its highest levels since 2011 after a strong retail sales number.…
