The national unemployment ticked up to 3.9% in last week’s October jobs report as Treasury yields begin to ease in the bond market.
RBC Capital Markets Head of U.S. Equity Strategy Lori Calvasina joins Yahoo Finance to discuss the prospects in small cap stocks amid economic uncertainty and breaks down the general outlook in the bond market.
“People… have recalibrated their forecast, but seem to be settling in to the idea that [bond yields will] move a bit lower from the peaks that we’ve seen recently,” Calvasina says on Treasury yields. Listen to the report.
