The unemployment rate skyrocketed by 10.3 percentage points to 14.7%, as non-farm payrolls fell by a stunning 20.5 million during the month. One benchmark "risk-free rate" many investors use is the 10-year Treasury note rate, which has seen its yield fall from 2.45% one year ago to just 0.68% today. Read More...
5 Reasons The Market Is Rising While Unemployment Is Skyrocketing
The unemployment rate skyrocketed by 10.3 percentage points to 14.7%, as non-farm payrolls fell by a stunning 20.5 million during the month. One benchmark “risk-free rate” many investors use is the 10-year Treasury note rate, which has seen its yield fall from 2.45% one year ago to just 0.68% today.
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