Bond traders started the week by selling U.S. government debt following strong job gains in September, leading to an increase in the benchmark 10-year yield. The rise in yield surpassed the level typically associated with a healthy economy, signaling a brighter economic outlook and prompting continued selling of government bonds. Bond traders reacted to the outsized job gains by adjusting their positions, pushing the 10-year yield above its usual threshold.
Full Article
The Smartest Growth Stock to Invest $5,000 in Right Now
Despite varying investor goals and risk tolerances, Netflix (NASDAQ: NFLX) stands out as a compelling growth stock, showcasing strong long-term prospects. The company reported a 15.9% year-over-year revenue increase to $11.1 billion and a 47% growth in earnings per share to $7.19, alongside an impressive 87% rise in free cash flow. Want More Context? 🔎
Read more