CNBC Squawk July 3, 2024
Tenyear yield might be the story, as this is pacing for some new cycle highs yet again. If not the 30year ticking above 5 . 501 on the 30. It seems like it was one of those little raw nerves that the market has had out, exposed for a while. Beyond that, its hard to sort of point to anything, except for a little bit of a mixed reaction to earnings. Earnings themselves seem fine. The real function of earnings season this time is to get a reality check on the 12month forward, you know, 240 in s p projections right now. Its a little too early to get that fully. Aside from that, were kind of still ...