The Federal Reserve's policy errors are now becoming quite apparent, particularly when you look at the major homebuilder stocks, The yield on the 10 -
year Treasury breached below 1.80 today, but even lower mortgage rates aren't doing much to spur sales so far this year.
Concern remained over higher bond yields after the yield on the U.S. 10 -
year Treasury breached 3 percent level on Tuesday, making equities relatively less attractive.
Jim Cramer considers which is worse for stocks: the 10 -
year Treasury breaching 3 % or the tariff battles with China.
Not exact matches
Market commentary: The yield on the 10
year Treasury recently
breached 3.00 %.
Ten -
year Treasury yields are fast approaching 3 percent, a level they haven't
breached since 2013.
Plus, the 10 -
year Treasury Note briefly
breached 3.0 %.
The not so glittering ex-Barclays CEO Bob Diamond faced the
treasury select committee after Barclays was fined in June this
year # 59.5 mn by the Financial Services Authority for serious
breaches of city rules, including manipulation of LIBOR rates.
One fly in the ointment: The 10 -
year Treasury yield, the benchmark for permanent, fixed - rate financing in commercial real estate, has
breached 5 % and even showed some signs of volatility over the past month.