Chutes and Ladders
MRKT Matrix
00:00
NDX
The yield chart quickly, we saw a 2s, 10s invert to the tune of, I think, 110 basis points. The interesting name Tesla, quite frankly, that moved from 218 now below 180. There's a chance that bonds rally and yields go down, but they don't go down for particularly good reasons. One of the reasons is because there's a flight to quality in the back of an equity selloff.
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