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-0.000197381406671499 -0.00217119547338649 0.00151325745114803 -0.00236857688005799 0.00671096782683078 0.00250016448450553 0.00815843147575504 0.0134877294558853
Stock impact report

Bond market sell-off 'severe' as long-term yields notch biggest week since 1982 [Yahoo! Finance]

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: Yahoo! Finance
Long-term Treasury yields ripped higher, with the 10-year yield ( ^TNX ) surging to its highest level since February to trade at around 4.53%, a massive 66 basis point swing from Monday's low of 3.87%. According to data compiled by Yahoo Finance, the 10-year has logged its biggest week since November 2021. Similarly, the 30-year yield ( ^TYX ) jumped 7 basis points to trade near 4.92% — the highest level since January but the biggest weekly surge for the 30-year yield since 1982. Yields and bonds are inversely correlated, meaning higher yields equal falling bond prices. The bond market serves as a "cash collateral" of sorts to investors who can then borrow money and bet on riskier assets like stocks. It's also viewed as a safe haven during times of uncertainty, which has been the word du jour as Wall Street remains on edge that shifting trade dynamics could induce a recession. Wall Street analysts have floated several theories to explain recent yield volatility, from sticky Show less Read more
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