Week of August 12, 2024
Over the last year, the 10-year U.S. Treasury Note yield has fallen from around 5% to just under 4%. This reflects concerns over global and domestic economic conditions. We are changing our US Treasury Note Signal from green to yellow. (Rumor has it that the stock market experienced notable volatility last week, but one would not know it looking at the weekly change in the indexes.)
Bob Bilkie, CFA
