10-Year Posts Highest Close in 15 Years, and Is the CVS Business Model Broken? 8/17/23
The yield on 10-year treasurys hit their highest intraday level since October and their highest close since 2008. The move gave stocks another reason to fall on Thursday, with the Dow closing below its 50-day moving average for the first time since June. So does the move in rates keep the pressure on equities? Plus…
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