From TokenPost · · 50s
Nasdaq-100 Drops 5.49% as Treasury Yield Falls
Nasdaq-100 falls 5.49% as 10-year Treasury yield drops 15 basis points.
In brief
Nasdaq-100 falls 5.49% as 10-year Treasury yield drops 15 basis points. The Nasdaq-100 dropped 5.49% from Oct. 9 to Oct. 16 as the 10-year U.S. Treasury yield fell 15 basis points. Originally reported by TokenPost.
Market Drop
The Nasdaq-100 lost 5.49% between Oct. 9 and Oct. 16 as the 10-year U.S. Treasury yield fell 15 basis points.
Index and Yield Changes
The index closed at 30,883.15 on Oct. 9 and 29,187.55 on Oct. 16, a loss of 1,695.60 points. The 10-year Treasury par yield moved from 5.24% to 5.09%.
Market Correlation Shift
Daily S&P 500 returns had a 0.4 correlation with Treasury yields from 2000-2021 but now show a -0.09 correlation through July 2026.
At a glance
The Nasdaq-100 dropped 5.49% from Oct. 9 to Oct. 16 as the 10-year U.S. Treasury yield fell 15 basis points.
