We’ve talked about the 10-year Treasury yield and its importance to the market several times this year. Bonds and bond yields may not be the most glamorous topic, but it’s a pretty big deal to Wall Street when it comes to stocks, bonds, and crypto prices lately. With mixed economic data to start the week, followed by weaker-than-expected jobs data yesterday, bond yields are back under pressure as investors flock back into bonds and speculate on the Fed increasing their willingness to cut interest rates. As bond prices go up, yields go down. And for now, as yields go down, risk assets like stocks and crypto are going ... (full story)