U.S. bond yields were sharply lower on Friday after an October jobs report signaled softening in the labor market, helping lift shares of one of the largest.
While a recession could prompt Federal Reserve interest rate cuts, a Ned Davis strategist thinks investors shouldn't rule out a 10-year Treasury yield in the.
The $9 trillion agency mortgage-bond market is being battered by rate shocks and the pullback of its two anchor investors. It could be about to turn a corner.