FBC Mornings July 4, 2024
Friday august 18. Your top stories, 6 00 a. M. On the east coast. The august selloff continue spiking interestrate squeezing consumers and sending investors to sell. After the third day of selling mixed rally, the dow industrial don 46, nasdaq 1046 as well, the s p 500 lower by seven points, edging lower, the ten year yield reaching highs not seen since november 2007. We talk about twentyyear highs, the thirtyyear is settling at the highest since april 2011. The yield is sitting up fourpoint to 25 on the ten year period that is on private basis points this morning. The thirtyyear 4. 39 that is...