10-year Treasury yield dives below 4.5% as unemployment rate rises to 3.9%

Posted: May 03, 2024

- The 10-year Treasury yield dropped below 4.5% - Unemployment rate rose to 3.9% - US Treasury yields dropped after weaker-than-expected jobs report - Federal Reserve kept interest rates unchanged, but may cut rates in response to weak labor market - Uncertainty about rate cuts and timing - Labor report may prompt Fed to cut rates sooner



Summarized top reddit comments: - Unemployment rate is rising to 3.9% - 10-year Treasury yield dives below 4.5% - Market is reacting positively - Concerns about economic issues such as feudalism, civil war, and economic collapse - Speculation about rate cuts due to rising unemployment - Confidence in investing in assets like SPY - Doubts about the accuracy of economic data - Feeling that risk is back on in the market.



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