Big Moves in the Bond Market for the U.S. and the U.K. 9/29/22
Stocks surged on Wednesday after the benchmark 10-year Treasury note saw its steepest one-day drop since 2009. JPMorgan’s Jason Hunter explains what this means for fixed income. Plus, oil prices are pulling back today after gaining more than $3 a barrel in yesterday’s session. TD Securities’ Bart Melek discusses the impact of the dollar index on oil. And, with stocks putting a stop to their most recent skid, what’s in store for the trading day ahead? Blanke Schein Wealth Management’s Robert Schein and Decatur Capital’s Degas Wright weigh in.
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