๐ 30-Year Treasury Yields Hit 5.23% โ Highest in 19 Years as Nasdaq Nears Correction
U.S. 30-year Treasury yields climbed to 5.23% following comments from Fed Chair Kevin Warsh โ the highest level in nearly two decades โ rattling equity markets heading into August. The Nasdaq is now down 9.7% from its June peak and the S&P 500 is on pace for a second straight monthly loss, with the Fear and Greed Index at just 37. The bright side: 85% of S&P 500 companies reporting so far have beaten earnings expectations. Not financial advice. Is this the pain before the rebound, or are you going defensive?
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