Crash, Boom

Ken AshfordEconomy & Jobs & DeficitLeave a Comment

As a hurricane hits, this happens:

Why?  It’s the same story that has plagued markets for days now. Once-highflying tech has led markets lower as yields rise, with the 10-year Treasury note’s yield reaching its highest point in more than a decade yesterday.

and it closes more than 831 points down (about 3.15%).