This Morning’s Optimism Turned Negative

What a day for the 10-year treasury. The note jumped almost 16 basis points to 2.145%, this is the highest rate since July 14th, 2019 when it hit 2.15% in intraday trading. Oil continued to fall closing down almost 8 dollars to finish the day at $102 a barrel. The NASDAQ continued its slide with a 262 point drop, or 2.0%, while the S&P fell 31 points (-0.74%) and the Dow was basically unchanged with 1 point uptick…

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