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Walmart Beats, Cisco CEO Exclusive, Fed for Thought: Ten-Year Yield Hits 2008 High 8/17/23

Squawk on the Street

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Rise in Yields and Impact on Tech Companies

The speakers discuss the recent rise in yields and its positive impact on the economy, particularly on tech companies like NVIDIA. They also mention the adjustment period to higher interest rates and the influx of money from Washington.

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