Treasury yields keep rising
The 10-year treasury yield hit 4.9% - the very first time we see such rate since 2007. For info, it went above 5% back then. At this rate, it’s sooner or later that we see 5% again.
As shared, this high yield is a competition to the stock market in the near term because it is deemed as less risky.
Investors will be wondering when is this yield topping out? Where is the peak?
=====
9 more subscribers to 1,000 mark for my YouTube channel. Do subscribe if you want weekly market updates
https://youtu.be/RJNq19OTpHE$Tesla Motors(TSLA)$ $Netflix(NFLX)$ $Meta Platforms, Inc.(FB)$ $NVIDIA Corp(NVDA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust-ETF(QQQ)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
It's simple supply and demand my friend. $3.1T of Treasuries flooding the market and Treasury auctions are already failing to successfully issue at stable yields with small amounts.
you can't predict the future. Especially when there's a huge reason to believe it could go massively against you and the long term economics are awful.
I just want to say that a drop in the ocean of supply of Treasury auctions are going very poorly thats all.