DDV Heading Down As 30-Year T Bond Yield Hits 4.58%.
November 04, 2024 at 21:09 PM EST
The 30-year T bond yield rose to 5.58% on November 1, pushing the DDV down 671 points from 38,413 to 37,742. This is expected to negatively impact the price of the DJIA which is at a premium to equilibrium of 4,310 points or 11.4%.
