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Rate Shock Hits Stocks 7/6/23

Halftime Report

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The Sell Off and the Midday Word

Markets have been noticing the inching higher in yields over the recent days. And then you got this very sharp reset higher in yields to those, let's say four months highs and stocks definitely took a step back. Part of that is we didn't get some kind of ugly upside surprise to inflation. That's not why yields are flying. You do have a sturdier economy. The prices paid in the ice and services on the downside.

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