Art Cashin on stock market swings and Fed control on bond market


Longtime trader Art Cashin told CNBC on Friday that investors should brace themselves for a period of stock market volatility as Wall Street digests rising bond yields.

“You have to be very careful. There is a fine line. If the market begins to believe that the Fed has somehow lost control of where the bond market is going, all that idea of a ‘taper tantrum’ will show up,” the director of floor operations for UBS said on “Squawk on the Street.”

Cashin’s comments Friday came early during a volatile session, with the 10-year Treasury yield above and below 1.5% and the Nasdaq Composite swinging between gains and losses. The Dow Jones Industrial Average was down over 275 points, or 0.88%, but…


GameStop frenzy leads to unrealistic expectations for returns

Previous article

Retailers sign more short-term leases in a risky bet for mall owners

Next article

You may also like

Leave a Reply

Notify of

More in Investing