Historic Yields Clash with U.S. Economy Strength as Trump-Xi Summit Begins

By Schwab Network

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"Be careful at these levels" across Treasury yields, says Kevin Hincks, with the 10-year crossing 5% once again and the 30-year crossing 5.25%. The latter is at its highest level since 2004. Kevin explains how Fed speakers giving their updates on the state of the U.S. economy and supply shocks from crude oil will raise questions for long-term growth. He says the labor market "remains strong" when reviewing the latest jobless claims print. Kevin then outlines expectations for the meeting between President Trump and China President Xi Jinping. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio -