|Day's Range||0.4260 - 0.4260|
|52 Week Range||0.3180 - 2.4280|
Amid frenzied trading in the past week, the $18 trillion Treasurys market is showing cracks that is raising eyebrows among traders, hedge fund managers and investors.
Income-seeking investors have faced the same problem for four decades — declining bond yields. On Tuesday, the Federal Open Market Committee lowered the federal funds rate by 50 basis points to a target range off 1% to 1.25%. “A 1% 10-year yield reflects recession concerns and global negative debt,” Saperstein said during an interview March 4.
The U.S. economy is strong and stable and poised to continue growing in 2020, which should give stock investors another banner year, writes Peter Morici.
Stocks surged on Tuesday, offering some respite from the prior session’s gruesome wave of selling that saw the Dow Jones Industrial Average post its largest-ever point drop, and its worst sell-off on a percentage basis since Black Monday of 1987.