FBC Varney July 4, 2024
Played elvis right there, to the money, the selloff gets worse, the dow is down 360, nasdaq 171. Look at the big banks they are down, moodys is going to look at the Credit Rating worthiness of ten banks downgrading some of them. Look at the impact on the banking sector, all down two or 3 in the stock market down to the tune of 1 on the dow. The ten year treasury yield, earlier it was coming down. It is still coming down your back to 4 on the tenure, as for the twoyear thats way below the 5 level...
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