Bond Yields Are Getting Awfully Heavy For Stocks To Carry
October 19, 2023 Good morning, There is a lot of head scratching in the fixed income markets as to why yields are climbing like a run-away freight train. On Tuesday, bonds plunged again, pushing the US two-year yield to its highest level since 2006. There are a variety of possible reasons – exponentially growing debt […]
Week Ahead
October 16, 2023 Good morning, Markets do not discount the loss of life. It is called a bloodless process for a reason. My Morning Note is all about the behavior of markets and sometimes I miss the forest for the trees writing it. With apologies, my deepest sympathies go out to all my friends, their […]