Surveillance: Cabana on the Fed
Bloomberg Surveillance
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What's on the Horizon for Financial Markets?
Mark Abana: Can price give way as yield moves higher? If I look at the Bloomberg Total Return Index, I got a pennant formation. What we think you need to see is some type of economic driver for that. CPI tomorrow should hopefully move us in that direction. But you really need to see signs of a broader economic moderation.
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