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Yield Hunting

Daily Note | Dec 28, 2023 | Going A Bit Longer On Individual Bonds

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Yield Hunting
Dec 28, 2023
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Markets are again little changed as the all time record remains just above these levels with two sessions left in the year. Jobless claims came out a bit higher than expected helping to push down rates further.

The 10-yr yield fell 11 bps yesterday to 3.79% - a significant move that has rarely occurred during the Christmas to New Year period. This mornin…

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