The yield on U.S. 10-year Treasuries stood at 2.76 percent early Monday morning, up from last week’s low of 2.66 percent. The move comes off of the Fed’s recent discussion on tapering—specifically, how it could be further down the road than many investors and analysts anticipated.
Most broad-market equity indices were in positive territory last week thanks to a rally in prices on Friday. The best large-cap performer, the Dow Jones Industrial Average continues to try and close the gap on year-to-date performance versus other domestic indices.Small-cap stocks posted the best performance on the week while international markets lagged—a common theme throughout the year.