This trader sees the 10-year yield close to 4 percent and has the chart to show it [CNBC]
Comcast Corporation - Class A (CMCSA)
Last comcast corporation - class a earnings: 4/30 07:00 am
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Source: CNBC
Wall Street is on watch for a major milestone on Treasury markets: the 10-year yield at 3 percent. One trader has his sights on a far bolder call nearly 100 basis points north of that. I am bullish on the 10-year yield, Frank Cappelleri, senior equity trader at Instinet, said Monday on CNBC's Trading Nation. Cappelleri is so bullish on yields that he has one of the highest targets on the Street. He says it's possible the 10-year yield will reach 3.9 percent this year, a level not seen since April 2010. What happened last fall when the 10-year yield held that 2 percent support level, what that did was create a higher low and create this bottoming process that we saw it break out through at the beginning of the year through 2.6 percent, he said. Bond yields have been on an upward march this year as higher inflation expectations spurred predictions of a more hawkish Federal Reserve. The yield on 10-year Treasurys pushed past 2.6 percent in mid-January. A classic mea
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CMCSA
Earnings
- 1/25/24 - Beat
CMCSA
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- 4/15/24 - Form 8-K
- CMCSA's page on the SEC website