Markets Waver as 10-year Yields Hit 24-year Peak

Hello to the fourth quarter, a historically robust period for trading, especially after a third quarter challenged by market blips. Typically, a handful of drivers move the markets, such as holiday spikes in consumer spending, year-end institutional rebalancing and portfolio window dressing, and the so-called Santa Claus rally in the last five days of the year, coupled with the first two days of the next year.