Stocks Rebound, Value Makes Comeback, Treasury Yields Resume Climb: What’s Driving Markets Monday?

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Benzinga

At the start of the week, the U.S. stock market is attempting to break the negative streak of four consecutive sessions in the red, with all major indices for large-cap stocks showing gains at midday trading in New York. The outperformance of value stocks compared to growth stocks continues, as the ratio between Vanguard Value ETF (NYSE:VTV) and Vanguard Growth ETF (NYSE:VUG) reaches its highest point since mid-June. A climb in Treasury yields is resuming, particularly in longer maturities, with the 10-year and 30-year yields rising by 6 basis points to 4.1% and 4.27%, respectively. Recent Fed…

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