Markets In Rally Mode After Decent Jobless Claims, 10-Year Yield Above 3%

Jamaica Sunrise Beach palm

Photo: en.wikipedia.org

Green shoots, baby!This morning’s not-objectively-horrible initial jobless claims number has investors thinking that maybe the world isn’t ending tomorrow.

As such, the stock market is looking higher, and the 10-year yield, which were at “depression” rates below 3% have come back up, and are now below 3% again.

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