CNBC Closing July 4, 2024
Well tenyear yield up about 4. 08 a lot of that gain in the yields in the long end happened with a stronger than expected payrolls report we also had recent indications of higher oil prices, maybe some inflation concerns so a lot of things in the mix, of course, with along with the fitch downgrade of the u. S. Federal debt that all brings us to our talk of the tape, where we ask is this a routine shakeout in stock after the powerful monday bimonth rally, or the sign of a much tougher tape ahead . Here with us is josh brown josh, we can write it any way w like sentiment was frosty, technicals w...