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Markets & Finance

Treasury Yields Lower


From Standard & Poor's Equity ResearchAction Economics: Treasury yields remained pinned down following the weak home price reading from Case-Shiller, though the data is a bit antiquated from July and not a huge surprise, but the fastest decline since July, 1991. Stocks will open weakly after a series of black eyes from retailers, auto and home sectors, which will keep the bond bulls in the driver's seat for now. The 10-year yield made one small feint back toward 4.60%, but has since returned to session and 4-day lows of 4.58%.


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