The rally in the bond market pulled 10-year yields to the lowest level since September, notes Kathy Jones. She and Liz Ann Sonders recap the markets as treasury yields dip to the lowest point since September. They talk about how the 10-year treasury yield is down 10% this month. Jones mentions that until there are signs that the Fed is ready to cut rates, we look for the treasury curve to remain inverted. They then break down the latest housing data, as well as the significance of this week’s economic data. Tune in to find out more about the stock market today.
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