The 10-year Treasury yield reached its highest level in three years on Thursday as investors continue to weigh the actions of the Federal Reserve. With the word "recession" being tossed around, people seem to be heading for the exits, but one investor thinks that's a mistake.
What To Know: Douglas C. Lane & Associates' Sarat Sethi noted Friday morning on CNBC's "Squawk Box" that some stocks have become too cheap to ignore, yet people are still selling and running.
