Daily Note | November 15, 2023 | Blackrock Bumps Yields Big
Markets are building on yesterday's monster rally but rates are moving back up retracing part of their decline yesterday.
October PPI recorded the largest monthly drop since the start of Covid, falling by -0.5%. This is the second data point this week showing inflation pressures easing.
Stocks closed higher on Tuesday in response to a softer-than-expe…
