Weekly Market Summary from Bryn Mawr Trust
Last week, the global markets digested a stream of news, with equity markets trading to the downside. Short term traders in the securities markets, starved for some volatility, were rewarded for their patience. The VIX, a CBOE option and measure of volatility, spiked higher on Wednesday and Thursday, the last two trading days of July. Amid the increased volatility in the equity markets, the 10-year Treasury bond ended the week modestly lower in price to yield 2.50%.
The complete article is available online.
This entry was posted in News
Bryn Mawr Trust Wealth Management provides products and services through Bryn Mawr Bank Corporation and its various affiliates and subsidiaries. Bryn Mawr Trust and its affiliates and subsidiaries do not provide legal advice. Please consult your tax or legal advisors to determine how this information may apply to your own situation.
Securities and insurance products: (1) are not bank deposits; (2) are not insured or guaranteed by the FDIC or any other government agency; (3) are not obligations of, or guaranteed by, any financial institution; and (4) involve investment risks, including the potential for fluctuations in investment return and the possible loss of principal.