CNBC Squawk July 3, 2024
The bond market has been sensitively tuned to every jobs report or every jobs indication we have with the jolts and the adp number. The jolts showed a stronger number when it came to jobs. As we head into that, you see dow futures up 26 points. S p up 4. Nasdaq up 21. The treasury market, again, everybody is watching. 10year treasury is 4. 27 . The 30year treasury is below that at 4. 91 . Crude oil prices have been down. Wti is trading at 82. 40. We have been north of that this week. The demand picture is the question. The supply picture turned to the demand. We decided it was supply. Demand. ...