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
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?