Rates Rock Stocks, Apple Downgraded, Largest-Ever U.S. Healthcare Strike 10/4/23
Squawk on the Street
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Introduction
This chapter explores the current state of Treasury yields and their effects on the market, including discussions on the ADP report, Apple's stock downgrade, soft U.S. growth concerns, and the largest healthcare strike in U.S. history. The hosts express concerns about the yield curve, issuance, and future impacts on mortgages and the bond market.
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Transcript
