2024-03-15 20:35:00 ET
Summary
- Looking at the weekly close of the 10-year US Treasury yield, the final yield print this week at 4.30% is the highest weekly closing yield since the 4.47% close in late November ’23.
- The forward 4-quarter estimate (FFQE) this week improved to $243.31 from last week’s $243.29 and is the 5th week in a row of sequential improvement in the FFQE.
- The S&P 500 earnings yield improved to 4.76% vs. 4.75% last week, the first sequential improvement since mid-February ’24.
Looking at the weekly close of the 10-year US Treasury yield, the final yield print this week at 4.30% is the highest weekly closing yield since the 4.47% close in late November ’23....
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S&P 500 Earnings Still Solid - 10-Yr Treasury Yield Highest Since Late November '23