Yields Will Go Lower, But It Will Be A Bumpy Road

Get ready for December’s central bank meetings, which start this week, notes Michelle Gibley. She and Collin Martin discuss the takeaways from today’s market weakness. They also go over what to watch for in international markets. Gibley highlights that the Eurozone unemployment rate hasn’t increased and remains at a record low. Martin mentions that yields could gradually trend lower, but it will be a bumpy road, and the 10-year yield should decline to the 4%-4.25% area over the next few months on expectations for 2-3 rate cuts next year. They then preview expectations for this week’s jobs data. Tune in to find out more about the stock market today.