BREAKING: 10-Year Note Yield Plummets
The 10-Year Note Yield has crashed over 15 basis points following a much weaker-than-expected July jobs report.
Key Highlights:
- 10-Year Note Yield: Down 55 basis points in one week.
- Bond Markets: Pricing in a potential recession for the first time since March 2020.
This significant drop reflects growing concerns about the economic outlook, signaling that investors are bracing for a potential downturn.