|Bid||157.66 x 1000|
|Ask||157.89 x 2200|
|Day's Range||157.57 - 159.34|
|52 Week Range||134.45 - 179.70|
|PE Ratio (TTM)||6.11|
|YTD Daily Total Return||19.33%|
|Beta (5Y Monthly)||3.03|
|Expense Ratio (net)||0.15%|
The CBOE 10 Year Treasury Note Yield (TNX) rallied to a four-month high on Thursday, while the iShares 20+ Year Treasury Bond Fund (TLT) fell to a four-month low, adding to speculation that the American economy is headed for higher interest rates and inflation. The financial media has picked up on this theme, proclaiming that the bond market is "waking up" to additional stimulus spending, whether it happens now or after the election. The 10-year yield posted an all-time low in August and has been ticking higher since that time, closing at 0.848% on Thursday, but 200-day exponential moving average (EMA) resistance will come into play when the uptick reaches 0.915%.
Our bi-weekly survey of some of the top investment strategists on where they see markets moving and potential opportunities to invest.
Columbus Day (increasingly known as Indigenous Peoples' Day) is a federal holiday, but not for much of Wall Street. Here are the stock market and bond market hours for the holiday.