Wed Aug 2 2023
Fitch downgrades US credit, ten year yield spikes
Typepad is not importing stockchcart for some reason but
the ten year yield peaked last fall at 4.34%. It spiked today to 4.08%. Taking out last fall's high will quickly accelerate the interest rate.
The low for the crb was early March, it has headed higher since. Inflation is back. No surprise, stock prices finally fell today. It's all connected.
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