Treasury yields dropped to the lowest levels in more than four months early Monday morning, as the 10-year fell as low as 1.6599 percent. With continued Federal Reserve (Fed) support taking much of the supply and other central banks and funds fighting for the remains, we expect yields to continue moving downward.
The equity markets reversed course last week and returned to their winning ways. The S&P 500 gained 1.76 percent, and the technology heavy Nasdaq gained 2.29 percent. Small-caps fared somewhat better than large-caps, and the Russell 2000 Index gained just a bit more than 2.5 percent. But it was the MSCI EAFE Index and the stocks in the developed world that posted the largest gain of 3.66 percent on the week. Read more now.
