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Thursday, March 28, 2024

Stocks Suddenly Slammed As Yields Jump To 1-Mo Highs

Courtesy of ZeroHedge View original post here.

Too much of a good thing…

US Treasury yields are on the rise again this morning, with 30Y yields breaking out to one-month highs…

and it appears that surge in yields is sparking some anxiety in equity markets (led by value-heavy Small Caps)…

Gold is higher this morning amid inflation-haven flows…

But bitcoin is down (though it has found support at $60k again…

What will Lael do?

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