Leo Kelly

“The market has adjusted to 4% to 5%”

Leo Kelly · said date not stated · reported 2026-08-21

Leo Kelly discussed how the market has adjusted to current 10-year Treasury yield levels.

“If we had some sort of event and the market broke out and went to the 6% to 7% range on the 10-year, that's a problem, and the market will react poorly to that.”

Leo Kelly · said date not stated · reported 2026-08-21

Leo Kelly warned about potential market downside if 10-year Treasury yields spike toward 6% to 7%.