Monday’s monster sell-off is sending interest rates into a tailspin. After hitting a brand-new all-time low Friday, the U.S. 30-year Treasury yield is continuing to fall, while the yield curve slides closer to inversion territory.
The broader equity markets are feeling the pain as well, but there is one group of stocks for which the rate rout might be a golden opportunity, according to Carter Worth, head of technical analysis at Cornerstone Macro.
Comments are closed.