Low impact
US Treasury 5-year and 7-year yields fell 15 basis points on the day.
ZeroHedge10/15, 09:07 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
Gold
Pushes up
IntradayMedium confidence
Lower yields reduce the opportunity cost of holding non-yielding Gold.
Nasdaq
Pushes up
DaysMedium confidence
Lower yields reduce the discount rate applied to growth stock cash flows.
What could change this
A same-day beat in US retail sales and PPI would normally lift yields, raising doubt about this reported decline.