Author: Nathan J. Rowader
July 17, 2017
Category: Quantitative Insights
The 10-year treasury yield closed at 2.35%, down 0.04% from last week. However, this is a reprieve from what was a sharp rise last week. The rise in yields was accompanied by positive stock performance as it appears many investors may have put their fears of various global and political issues behind. This yield is currently at the top end of the near-term range and would have to break the 2.39% ceiling to move higher.