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Daily Note | April 2, 2024 | Eaton Vance Bumps Equity Income CEF Distributions

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Yield Hunting
Apr 02, 2024
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Man Han putting coins stacking with glowing of tree. Growth business saving and investment concept.
Dilok Klaisataporn

Markets are poised for their second day in a row of a decent sell off as interest rates FINALLY react to the prospect of higher-for-longer. Friday's PCE inflation rate was +2.8%, down 0.1% from the month ago and showing signs of stickiness at these levels.

We are back to good news equals bad news.

Then on Monday we got the iSM manufactur…

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