Bond Yields Are A Headwind!

Interest rates are rising and it's not because of the Fed.

PRE-OPEN MARKET COMMENTS WEDNESDAY - The US Treasury is issuing short-term bonds to buy back long-term bonds in an effort to bring down 10-year yields. That announcement sparked a small bounce in TLT last week, but it quickly reversed. Interest rates are at a 52-week high and that is weighing on the market.

Daily Bulletin Continues...