The 10 year yield going in the other direction. A little bit of a lift in yields. 457 on the day. We will keep our eyes on that. There was a bit of a messy auction people had looked forward to. A lot of dynamics going on under the bond market. Midday movers. We will look at shares of rent the runway. It reported fourthquarter revenue and topped average analyst estimates. The for your outlook was mixed relative to wall streets expectations. Shares slid 90 in the past year through wednesdays close. We are looking at a stunning gain in that stock. Alphabet shares are climbing as investors are becoming more optimistic about its ai strategy. The companys market cap inching closer to the 2 trillion mark. Nvidia, microsoft, and apple are the only other companies that hit that milestone. Back to the economy. That is driving the story. The Producer Price index increased by the most in 11 months in march. Still below wall street estimates. We will discuss how it impacts the feds Interest Rate pa
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Many real estate owners are finding it more challenging to secure loans and refinance maturing debt given the higher level of interest rates and a pullback from lenders.