Episode 828: The DC Today - Tuesday, April 2, 2024
Although off the lows for the day, stocks closed down for a second day to start off the new quarter.
Although off the lows for the day, stocks closed down for a second day to start off the new quarter.
Today's Post - https://bahnsen.co/3JnoIqp
Although off the lows for the day, stocks closed down for a second day to start off the new quarter. 10-Year yields have now moved back towards the high end of their four-month range at 4.35%, which is about the level where we have seen markets start to pay more attention which is what today was about. Fed futures are still at 50/50 for a June cut and roughly 70% for July, and what’s being repriced into markets is rates that may stay a little higher this year.
Links mentioned in this episode: TheDCToday.com DividendCafe.com TheBahnsenGroup.com
Brian Szytel is the Deputy Managing Partner and Co-CIO of The Bahnsen Group.
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