Further European concerns by around noon on Friday had brought the rate-indicative 10-year Treasury yield back down near record lows seen earlier in the week and had had a somewhat mixed effect on industry stocks, some of which fared relatively well considering the Dow had dropped more than 300 points
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The 10-year had hit an all-time low on Tuesday at 1.92% but had at one point rebounded back above 2% before dropping back near 1.92% at press time Friday.
Some declines in industry stocks at the time of this writing were as follows: PHH, down just about half a percent; Bank of America, down 2-3%; MGIC, down 10-12%; Genworth, down about 5%.
