Executive Mosaic’s GovCon Index rebounded from Tuesday’s loss, climbing 1.01% to $135.64. Nasdaq Composite (+0.22%) and the S&P 500 Index (-0.02%) edged higher, but the Dow Jones finished in the red. The 10-year Treasury Yield rose five basis points to 4.612%, reaching its highest level in 15 years.
May 20, 2024
Hello, Guest!
Tag: Treasury yield
Home
Treasury yield
Post
October 23, 2023February 26, 2024Financial Reports, News-comment
September 21 Market Report: GovCon Index and US Indices Retreat on Selloff, Bonds Rise to Highest Level
Executive Mosaic’s GovCon Index fell 1.86% to $136.11, and U.S. stocks slumped following the Feds’ hike pause but “higher rates for longer” warning on mid-week. The ten-year Treasury yield climbed to 4.48%, its highest level since 2007.