Stocks sell off, Treasury yields rise: Strategist breaks down what is driving the markets
Adolf Goebbels
Published on Oct 5, 2023
The stock market experienced a sell-off Tuesday, while Treasury yields continued to gain momentum. Investors are worried about higher for longer interest rates from the Federal Reserve and are left wondering how to handle their portfolio. Charles Schwab Chief Investment Strategist Liz Ann Sonders joins Yahoo Finance Live anchors Julie Hyman and Josh Lipton to discuss the recent turmoil in the market as well as what signs investors should be paying attention to. Sonders explains that "breadth statistics" are an important sign for investors to pay attention to. "If you start to see, under the surface, an improvement in breath...that would be the kind of positive divergence, positive sign, that we saw back in October, that laid the ground work for the rally that we got," Sonders said. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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