The 10-year yield fell back below 4% after spiking higher last week. "This was bad needs for traders who were short Futures contracts. If I were trading bonds, I would be looking at the relationship between the 2-year, 5-year, and 10-year yields. Higher yields are impacting the stock market today. The Federal Reserve will continue to watch unemployment and if it stays the same, they will continue to hike interest rates," says Chris Robinson.
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07 Mar 2023
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