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Markets Reject 5% Yields, Helping Big Tech Rally 10/23/23

CNBC's "Fast Money"

00:00

Bond Market Moves and Stock Impact

The speakers discuss the recent move in the bond market and its potential impact on stocks, including Bill Ackman's trade and concerns about the slowing economy and geopolitical risks. They debate whether yields will continue to rise or if the pause in the bond market makes sense. The chapter also touches on earnings reports of big tech companies and the strategy of being long on these stocks while shorting other parts of the market.

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