Bond yields (^TNX, ^TYX, ^FVX) continue to climb, while broader equity markets (^DJI, ^IXIC, ^GSPC) face downward pressure. In today's Chart of the Day, Yahoo Finance anchor Madison Mills examines this divergence in the 10-year Treasury yield and explains why such market behavior is unusual amid an interest rate cutting cycle from the Federal Reserve.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Angel Smith