PIMCO Portfolio Manager Erin Browne joins Yahoo Finance Live to discuss the 10-year Treasury yield, market swings, recessionary risks, consumer spending, and the health care sector.
(Bloomberg) -- US stocks and Treasuries rallied on Wednesday after the Bank of England’s decision to stage a market intervention boosted UK bonds and tentatively calmed markets.Most Read from BloombergApple Ditches iPhone Production Increase After Demand FaltersMacKenzie Scott Files for Divorce From Science Teacher HusbandGermany Suspects Sabotage Hit Russia’s Nord Stream PipelinesNord Stream Gas Leaks May Be a New Disaster for the ClimateS&P 500 Roars Back From Six-Day Slide; Bonds Surge: Marke
The Dow Jones powered higher. A Cathie Wood buy was surging as Biogen exploded. Coinbase stock jumped as Bitcoin rose. Apple stock dived.