As Apple Goes, So Goes The Market?
MRKT Matrix
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The TLT Is Making a Bottom
The 10-year yield is below its two-and-a-day moving average of 3.5%. This recent swoon is really the banquing crisis, right? That we've seen. We were back at 4%. And consensus has been just until this last sort of plunge in rates that we're going to go to 4.5 and 5,. But the reality is that rates peaked a long time ago, and the market is ahead of the Fed as is so often the case.
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