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Investor’s search for yield continued at the very start of last week’s heavy economic calendar. The Retail Sales numbers continued the trend of lower yields as the number released (0.1%) was weaker than the 0.4% surveyed. The news started a process of investor reassessment of economic growth expectations not only domestically but globally. Year-to-date the…
The yield on the 10-year Treasury as measured by the S&P/BGCantor Current 10 Year U.S. Treasury Index suddenly moved higher to 2.78% from the previous day’s 2.64%. Thursday’s upward movement before the Good Friday Holiday was a result of negotiations over the Ukraine crisis possibly resulting in an accord to defuse the conflict. Yields in…
