Speaking highlights from Treas Sec.on Fox Business
- Economic growth is Trumps #1 focus
- 6 month agenda: Obamacare. Tax. Regulation reform
- I spent more than an hour with Fed's Yellen on Tuesday
- US Stock mkt best investment for longer term period
The US stocks are of course on fire today.
The current picture shows:
- Dow up 316 points or 1.52%
- Nasdaq up 72.16 points or 1.24%
- S&P up 33 points or 1.39%
IN other markets:
Bond yields are higher but a touch of the highest levels
- 2 year 1.2842% up 2.4 bp. The high reached 1.304%
- 5 year 1.9839% up 5.4 bp. The high reached 2.003%
- 10 year 2.456% up 6.6 bp. The high reached 2.4688%
The 10 year low yield has been stalling around the 2.30% in 2017. The highs have been progressively lowe. A topside trend line comes in at 2.49%.