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10-year Treasury yield near 5.28% amid a warning about risk assets
SimplerTrades_ said the yield had eased to roughly 5.28% from a 24-year high as major U.S. indexes gained.
TLDR
In an October 7 market recap, SimplerTrades_ said the 10-year Treasury yield had eased to about 5.28% from a 24-year high while the S&P 500, Dow and Nasdaq rose. In a separate post, another commenter compared yield levels to those seen in 2007 and argued that higher yields were putting pressure on risk assets.
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