US 10-year Treasury yield exceeds 5%: Market conditions similar to 2007
- 1On Thursday morning, October 15, the US 10-year Treasury yield recorded 5.06%.
- 2Since July 19, 2007, a 19% decline in the S&P 500 index occurred over a 12-month period.
- 3The current situation is similar to 2007, but there are differences in banking regulations and market structure.
So what's the key point?
The US 10-year Treasury yield has risen above 5.06 percent. Because the situation is similar to 2007, the market may change.
Source The Motley Fool +1 · View original ↗
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