The Hidden Danger Lurking in the Rates Market, and the Tit-For-Tat Between the U.S. and China 5/7/23
CNBC's "Fast Money"
00:00
Introduction
The 10-year treasury yield touched its highest level since it collapsed the Silicon Valley bank, rates ending the day just a few basis points shy of 4%. The two-year also rise, and getting within a stone's throw of 5%. Will the steady climb higher in rates threaten the market's recent run? And will it put a cap on how much higher the S&P 500 can go in the second half?
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Transcript
