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Another Melt-Up, Another Crash With James Picerno

Lead-Lag Live

00:00

Is the Fed Fund's Target Rate Going Up?

The market movement internally looks more refluchedary, which is a strange term to use in the context of still very elevated inflation. The fact that we're seeing the two-year treasury yield below the Fed Fund's rate suggests that it may be time to get a little bit more aggressive with bond allocations. It's a nice setup that we haven't seen in a while.

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