Danny Moses Flags 4.623% 10-Year Yield and Nvidia Ahead of Earnings
Updated
Updated · CNBC · Aug 25
Danny Moses Flags 4.623% 10-Year Yield and Nvidia Ahead of Earnings
2 articles · Updated · CNBC · Aug 25
Summary
Danny Moses said the market’s “two most important assets” are the U.S. 10-year Treasury and Nvidia, putting both at the center of investor attention this week.
Nvidia reports after Wednesday’s bell, and Moses expects a beat and higher guidance as investors probe how dependent the chipmaker is on hyperscaler spending.
Nvidia shares rose about 2% Tuesday, ending a seven-session losing streak; the stock is still up roughly 14% in 2026, and LSEG-polled analysts see about 40% upside over 12 months.
The 10-year note yielded 4.623% as bond investors focused on U.S. fiscal strain, with July’s budget deficit topping $432 billion and total federal debt surpassing $40 trillion.
Treasury Secretary Scott Bessent last week said the department would double debt buybacks to calm long-dated yields, but Moses said the U.S. fiscal picture remains “not pretty.”