Detailed text transcripts for TV channel - MSNBC - 20180516:09:50:00
2011, snapping an 8 day win streak on wall street. what more can you tell us? >> good morning. both ended the day down .7% and the catalyst was a move higher in the 10-year treasury yields. 3.1%. the highest level it's been since 2011. and the reason for that was stronger manufacturing data numbers that came out. which were also the strongest seen since 2011. in february the catalyst was a big sell-off in equity markets was higher yields so financial markets are watching it closely and we've seen asian markets come off a little in tandem as well. amazon are announcing a special discount progra...
Source: news source