CNN, CNBC, And WSJ Mislead Investors
CNN, CNBC, and The Wall Street Journal all sensationalized last week's rise in yield on the 10-year Treasury bond to 3%.
It's a classic example of why investors are so shortsighted and poorly informed about financial economics.
A segment that aired on CNN's popular early morning program, New Day, and a video posted on CNNMoney.com reported that the benchmark 10-year Treasury yield last Tuesday hit 3% for the first time since 2014.
- Despite Crises, Economic Fundamentals Are Strong
- How Misperceptions Spread And Cause Confusion On Money Matters
- Real Spending Power Grew Twice The Rate Of The Last Expansion
- Global Growth Forecast Slows, But U.S. Outlook Remains Stable
- How Long Does It Take To Be A Long-Term Investor?
- Five Observations About The CBO's New Long-Term Debt Forecast
- Fed Apology, Strong Job Growth Bolster Stocks
- Despite Grim Headlines, Economic Growth Is Intact
- Despite December Turbulence, Economy And Business Optimism Were Strong
- Latest Forecasts Show Economy Is Doing Okay
- A Poignant Moment In Financial History Sparks Stocks