Trump, Comey, Mueller, Twitter, Fox News, CNN….it is all getting more than a bit chaotic. Even the stock and bond markets jumped into the fray and took notice:
- The Dow Jones Industrials had their biggest down day since September on Wednesday (down a mere 1.8% but still up 12.4% since the November 2016 Presidential election).
- The 10-year US Treasury rose on “safe-haven buying” with its yield moving down (meaning its price rose) 10 basis points from 2.34% early Tuesday to 2.23% during the day Wednesday. That’s a darn big one-day move for the 10-year US Treasury note yield.