Will Higher Bond Yields Crash The Market?

Global stock markets are higher today after Federal Reserve Chair Jerome Powell reminded investors that the central bank is still a long way away from raising short-term interest rates, helping send Dow futures up more than 100 points. 

But as you’re about to see, the 10-year Treasury note is already down. So the Fed can say anything it wants when it comes to short-term interest rates, but it doesn’t mean it can control the price of the 10-year because it goes up based on futures prices…

And right now it looks like it’s going to take another leg down. 

In today’s video, I have more on the relationship between bonds and yields… the best way to understand bond yields vs. stock market yield… the single biggest Fed report influencing stocks this week… and three top stocks to target right now.