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Weekly Commentary: Gradually Transitioning To Suddenly

By Seeking Alpha May 02, 2026 Neutral
Weekly Commentary: Gradually Transitioning To Suddenly
The ISM Manufacturing Index was unchanged at a four-year high of 84.6, with 13 industries reporting growth versus only three experiencing contraction. Two-year Treasury yields jumped 10 bps this week to 3.88%, with 10-year yields up seven bps to 4.37%.
The ISM Manufacturing Index was unchanged at a four-year high of 84.6, with 13 industries reporting growth versus only three experiencing contraction. Two-year Treasury yields jumped 10 bps this week to 3.88%, with 10-year yields up seven bps to 4.37%.