The 10-year yield broke through 5%, notes Collin Martin. He and Nathan Peterson give an overview of the market today. Collin highlights that demand could pick up as investors lock in such high yields. He also talks about how we are starting to see signs of cracking as consumer low delinquencies are on the rise. Nathan suggests that yields will likely continue to drive day-to-day sentiment as long as we are hovering around fresh cycle territory. They then go over technical levels to watch in the markets, as well as what to watch for this week in economic data. Tune in to find out more about the stock market today.
Market On Close
23 Oct 2023
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