BREAKING: Dow Negative Again On Nafta Pull-Out Fears Stocks, bonds and the U.S. dollar fell Wednesday amid reports that China may be slowing down or halting purchases of U.S. sovereign bonds. X Bloomberg News said China, the biggest buyer, sees U.S. debt as less attractive vs. other assets. The report sent bond prices, boosting the 10-year Treasury yield to 2.58%, its highest level in 10 months. PowerShares QQQ Trust (QQQ) lost 0.5%, SPDR S&P 500 (SPY) slid 0.2% and SPDR Dow Jones Industrial Average (DIA) gave up 0.1%. Emerging markets lagged with iShares MSCI Emerging Markets (EEM) down 0.7%. Among bond funds, iShares 20+ Year Treasury Bond (TLT) gapped down 0.7%, sliding further below its 200-day moving average. Here’s Buffett’s View On Cryptos; Is Cannabis The New Bitcoin?
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