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Wall Street set to open lower as yields rise ahead of Powell speech

Yield on the 10-year Treasury note edged higher on Monday at 4.6371%, touching 16-year highs again, while the yield on the 2-year note, which best reflects interest rate expectations, remained above 5%. "The Fed has said that their target is still 2% and they are still long ways away from getting inflation really going in the direction that they want," said Russell Hackmann, President of Hackmann Wealth Partners.
United States Kevin Mccarthy Jerome Powell Russell Hackmann Piper Sandler Patrick Hasker

About The Wall Street Sweeper | WRKO-AM 680

Chartered Financial Analyst, Russell Hackmann is the โ€œThe Wall Street Sweeper.โ€ Russ, a Magna Cum Laude graduate of Georgetown University with an MBA in Finance from the University of Chicago, has over 25 yearsโ€™ experience advising individuals and institutions on wealth and risk management. Prior to founding Hackmann Wealth Partners, Russell served as an executive at several major Wall Street firms. Now, heโ€™s sharing his wealth of knowledge with WRKO listeners to help you find ways to c...
Russell Hackmann Georgetown University University Of Chicago Chartered Financial Analyst Wall Street Sweeper Magna Cum Laude
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