The 10-Year Treasury Yield Is Moving The 'Wrong Way' For Stocks (Yahoo! Finance) - What happened: The 10-year yield (^TNX) rose about 6 basis points to 4.68% Tuesday, while the 30-year yield (^TYX) rose 5 basis points to 5.2%, hitting its highest level since July 2007.
BofA Warns ‘Fear Just as Costly as Greed,’ Says Buy US Stocks Two of Bank of America Corp.’s leading markets strategists struck a rare agreeable tone, each prophesying gains ahead for equities. Future of Wealth ·
Griffin Says SEC Should Focus on Banks’ Basis Trade Risk: FT Citadel founder Ken Griffin said regulators should focus on banks, not hedge funds, as they seek to limit financial risks. Commentaries ·
Tesla’s Dimming Growth Puts Big Seven Status Under Spotlight Tesla, among the biggest firms of US stock market, is biggest underperformer in that group, and there are signs Wall Street’s excitement is fading. Portfolio Construction ·
IRS Tells Small Businesses to Withdraw Ineligible Claims for Lucrative Tax Credit The IRS is urging small business owners who claimed a lucrative tax credit to review their eligibility again. Tax Protection ·
The Trust Advisor John Paulson And Ex-Wife Jenny Reach Agreement As $4.7 Billion Divorce Case Settles