As the stock market continues to fall, at least yields are moving lower.
As the US stocks fall sharply, the yields are at least moving lower.
- 2-year yield 3.944%, -5.3 basis points
- 5-year yield 4.017%, -8.1 basis points
- 10 year yield 4.285%,-8.3 basis points
- 30 year yield 4.651%, -7.7 basis points
For the trading week, although lower today, yields are still clawing back the gains from earlier this week
- 2 year yield was up as much as 10.4 basis points. It is currently down -1.1 basis points for the week
- 5-year yield was up 13.3 basis points earlier this week. It is currently up 1.2 basis points.
- 10 year yield was up 15.0 basis points earlier this week is currently up 3.8 basis points
- 30 year yield was up 16.0 basis points earlier this week is currently up 6.2 basis points
Gold continues to be a beneficiary and trades to new all-time highs today. The price is currently up $20.40 or 0.67% at $3076.17. The high price has reached $3086.90.
Crude oil is losing steam trading down $0.51 or -0.72% at $69.42.
Risk offers being felt in bitcoin. Is currently down $-2900 at $84,314.
