Daily Note | Dec 6, 2023 | Blackrock CEF Coverage And Court Case Lost.

Dec 07, 2023

∙ Paid

Summary

Jobless claims come in below expectations, indicating that the pace of layoffs has not increased.
The 10-year treasury yield rises, reflecting concerns about the strength of the labor market.
Investors are betting on a cooling in the labor market to halt interest rate hikes.
Yesterday, Saba won a key case in US district court with a ruling that show…