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Description: It could be a bad day for the markets once the yield on the benchmark10-year Treasury hits 3 percent, closely followed trader Art Cashin told CNBC on Thursday.

Source: CNBC.com – video report

Date: Feb 22, 2018

Link: https://www.cnbc.com/2018/02/22/art-cashin-once-the-10-year-yield-hits-3-percent-all-hell-could-break-loose.html

Questions for discussion:

  • What is the significance of 10-year treasuries hitting 3%, according to Art Cashin?
  • Why is there concern over Fed behavior at this time?
  • What should investors do at this time, in your opinion?

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