Investment Figures Of The Week
COMMENTARY Stocks managed a smart about-face after inflation fears nudged the Dow down 11.78 points on Oct. 6. Last week's fairly innocuous employment report, along with reports of strong third-quarter corporate earnings, calmed market jitters and kicked off three days of double-digit gains. Bonds joined in the party, with the yield on the 30-year Treasuries falling to 7.86% on Tuesday after flirting with 8% on Friday. The rally petered out on Wednesday, when the yield on the long bond rose to 7.89% and the Dow inched down 1.7 points.
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