Daily Note | November 29, 2023 | Yields On The Decline

The November rally is resuming today with the major indices up nicely at the open.  The driver is likely the fall in interest rates as the 10-yr threatens to break through the 4.30% level.

Fedspeak was a driver of those lower yields with the few coming out with dovish remarks.   This occurs as consumer confidence moved higher with holiday, retail sales n…