eAdvantage Logout

Thanks for using eAdvantage. Click here to log back in.

From the Desk - Economic Commentary

Brandon Casey, Member Strategist - 10/22/2024

U.S. stocks are lower Tuesday morning as investors monitor rising Treasury yields. Both the DJIA and S&P 500 were lower on Monday, while the Nasdaq was higher. Yields have increased since the Fed cut by 50 basis points as stronger than expected economic data have some questioning how aggressively the Fed will cut rates going forward.

U.S. Treasury yields are higher this morning, with the 2-year Treasury yield up 0.5 basis points to 4.03%, the 5-year Treasury yield up 1.3 basis points to 3.99%, and the 10-year Treasury yield up 1.2 basis points to 4.19%. Shorter-term advance rates are slightly lower, while the rest of the curve is higher.


Subscribe to our daily From the Desk newsletter to get economic commentaries and updated advance rates sent directly to your inbox. 

Subscribe Here