What Does a 10 Year Treasury Yield Tell Us?

Baldwin: What does a 10 year yield tell us then? Because we saw tech stocks. We saw big cap tech stocks rise on the back of rapes today. But what is this really telling us? Lower a lower 10 year yield. It sounded the economy slowing down in a precipitous fashion. And it's telling you people are plowing into those names for obvious reasons because that's the knee jerk reaction. Baldwin: I think Powell is going to hammer home the fact that the fight against inflation is not over and he wants to make sure that he at least makes that rhetoric clear so that the market can participate.