10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, UBS, AAPL, DB)
Reuters/Fabian Bimmer
Here is what you need to know.
The 10-year is on the doorstep of 3%. The benchmark yield is up 2 basis points at 2.98%, and is on the verge of its first 3% print since the beginning of 2014.
One popular trade is stuck in its worst stretch in 35 years — but Morgan Stanley has the perfect strategy for a big comeback. Intermediate Treasurys turned in consecutive quarters of negative total return for the first time 1973, according to data compiled by Morgan Stanley.See the rest of the story at Business Insider
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