Treasury yields are still marginally higher after hitting the highest since late July. US 10s are up 1 basis point to 4.19% now and the stock market doesn’t like it or yesterday’s rise.
Breadth was terrible in equities yesterday as Nvidia carried the market and the Russell 2000 fell 1.5%
S&P 500 futures are down 32 points, or 0.5%.
This article was written by Adam Button at www.forexlive.com.
