Bond Market Still Rules

Posted on by http://wealthcreation.club
🚨 🚨 The bond market is driving equities: At 1 PM ET the entire stock market turned lower. Why? The 30-year bond auction drew 4.77% which was above the presale numbers by ~5 bps. This means the auction performed far worse than expected. This seems to be yet another sign that higher for longer is the new normal
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Published by http://wealthcreation.club

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