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Daily Note | August 8, 2024 | Sell GBAB, Buy FSCO, Don't Subscribe To PCF Rights

Daily Note | August 8, 2024 | Sell GBAB, Buy FSCO, Don't Subscribe To PCF Rights

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Yield Hunting
Aug 08, 2024
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Daily Note | August 8, 2024 | Sell GBAB, Buy FSCO, Don't Subscribe To PCF Rights
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The healing from Monday continues with markets with indices up around 1%. Stocks are down 4 out of the last 5 sessions. Stocks had nice gains yesterday but were unable to hold them with the S&P down 0.8%. Yields continue to retrace and move back up with the 10-yr at 3.97% after briefly falling as low as 3.67% at the open on Monday.

Tuesday's move looked …

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