The Traderszone Network

Published in TZ Latest News 17 September, 2016 by The TZ Newswire Staff

Treasury Yields Continue to Climb, Investment Service Stocks Show New Leadership

I’ve been writing about the upturn in global bond yields, which has boosted Treasury bond yields. Chart 1 shows the 10-Year Treasury Yield trading above 1.70% in today’s trading. Foreign yields are bouncing as well. One of the side-effects of rising bond yields is the recent rotation out of bond proxies like staples, telecom, telecom, and REITs and into financials like banks, brokers, and life insurers. My main focus has been on bank stocks that usually benefit from higher bond yields.

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