Below is a chart and excerpt from today's Early Look written by CEO Keith McCullough.
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So what did RATES (UST Bond Yields) actually do last week that got the Fictional Fed Storytellers out in full force? A) UST 2yr Yield was down -6 basis points last week, but is UP +7 basis points this morning Remember the time the narrative was BUY GOOGL, MSFT, and AMZN when RATES go down? #NiceCall. |
