Intraday Update – Better Tone As Yields Fall More
12:54 p.m. ET As much as I hammer home the point daily that yields are highly inversely correlated with stocks prices, the post title above should not be surprising. SP-500 +0.55%, Dow +0.25% (Transports +0.15%), NASDAQ-100 +1.15%, Small Caps +0.05% The 2-yr yield is down nine basis points to 5.06% and the 10-yr yield is…