CNBC Mad Money July 13, 2024
Here are the numbers 1. 15 and 1. 4 yep, im talking about the plummeting yield on the benchmark tenyear treasury where you only get 1. 15 return. And 1. 4 thats the apparent rate of the dreaded coronavirus. At least thats what we think it is whi while bond yields keep falling, now 1. 4 number is much better than 2 number weve been worried about with the outbreak. Which along with the treasuries this very afternoon is why the market was able to rebound today. S skyrocketi skyrocketing 1,294 the s p 500 surnling 4. 6 . The nasdaq 4. 49 okay i dont want to be simplistic here but this market is ri...