CNN, CNBC, And WSJ Mislead Investors
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Published Friday, April 27, 2018 at: 7:00 AM EDT

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."Short term rates are also on the rise, leading to what's known as a flattening yield curve," according to a tease for the segment. "Christine Romans explains why these...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

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