As interest rates rise, investors can't decide whether the bond market move is cause for confidence or concern

Treasury yields rose Thursday after hawkish Fed speakers emphasized that more rate hikes are on the way.
The 10-year yield jumped to a four-week high of 2.91 percent.
The 2-year has also moved higher, and the gap between the 10-year and 2-year yields narrowed to an 11-year low.
Even though it has moved higher, the 10-year yield has not moved as aggressively as the 2-year, suggesting to some bond market pros that it reflects the eventual slowing of the economy, inevitable after a Fed rate hiking cycle.

Written by Patti Domm | @pattidomm

Posted in:General

Posted by Amanda Clow on June 3rd, 2018 6:32 PMPost a Comment