Financial Market Update – Week of 08/07/2023 Presented by Marc Aarons Hope you are doing well! U.S. equities traded lower last week on the heels of a U.S. debt downgrade. However, a potentially “goldilocks-like” jobs report came into focus on Friday, so short-term market sentiment is on the mixed side. By last Friday’s close, here […]
What to know about interest rates and yields. Provided by Marc Aarons One time-tested principle of investing is, “when bond yields move higher, bond prices tend to move lower.” Investors are doing a “double take” on the 10-year Treasury yield, which recently topped 1.5% — its highest level in about a year. With the increase […]