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Morning Rally Fades as 10 Year Note Yield Rises Above 3%

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D&D Note (6.6.2022) ~ Morning Rally Fades as 10 Year Note Yield Rises Above 3% ~ #stockmarket

D&D Note (6.6.2022) ~ Morning Rally Fades as 10 Year Note Yield Rises Above 3% ~ Stocks opened the day substantially higher (around 1%) with news Beijing rolled back some COVID related restrictions. Then the rally faded throughout the day as bond traders sold the 10 Year Note sending the yield above 3%. We could … Continue reading