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🤔 My Thoughts 10-yr yields dropped below 4% for the first time since April. The question is: What does this mean? On one hand, it could mean that the bond traders see rate cuts as imminent in September and is moving the bond market accordingly. On the other hand, it could mean that the bond vigilantes don't like the talk of Fed rate cuts in December, and are moving the rates lower to stop Powell from cutting. |
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Evidence has gone missing. View in browser Hi, it's Anna in Virginia. A Chinese drugmaker has ...
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