The Stock Crusher: Yields Don't Matter---Until They Do!

Last week, prices of short-dated Treasuries edged down and prices of long-dated Treasuries edged down, and their yields edged up, but there was some turmoil in the middle, with some interesting consequences.

The three-month Treasury yield rose to 1.55% on Friday, the highest since September 11, 2008. Investors are beginning to price in a rate hike in March....

 

 

 

https://wolfstreet.com/2018/02/11/what-crushed-stocks/

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