16-Year Highs, Bankman-Fried In Court 10/3/23

from Power Lunch · host CNBC

There’s no stopping the sharp rise in bond yields, hitting a new high today around 4.8% -- the highest level in 16 years. And it’s having a big impact on stocks. We’ll tell you all you need to know.Plus, the trial of former FTX CEO Sam Bankman-Fried is underway. The man who became the face of crypto corruption is accused of defrauding customers and investors out of billions. We’ll get the latest details. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

There’s no stopping the sharp rise in bond yields, hitting a new high today around 4.8% -- the highest level in 16 years. And it’s having a big impact on stocks. We’ll tell you all you need to know. Plus, the trial of former FTX CEO Sam Bankman-Fried is underway. The man who became the face of crypto corruption is accused of defrauding customers and investors out of billions. We’ll get the latest details.

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16-Year Highs, Bankman-Fried In Court 10/3/23

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This episode was published on October 3, 2023.

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