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US stocks hitting the skids going into the close. Mortgage rate follow yields higher.

US stocks hitting the skids going into the close. Mortgage rate follow yields higher.
The major US stock indices are hitting the skids heading into the close. The NASDAQ is now down -1.7% trading a new session lows. The S&P index is also at session lows with a decline of -1.56%.In the interest rate market, the rates are trading near highs out the yield curve is traders adjust toward a higher for longer Fed. The 10-year yield is trading up +14 basis points to 4.486%. The 30 year yield is the biggest mover with a gain of +16.3 basis points and trading at 4.5612%The 30 year fixed ra... Read More
Posted: Sep 21 2023, 19:53
Author Name: forexlive
Views: 091054

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