Daily Note | Oct 13, 2023 | Apollo Floaters Raise Again
Good Morning!
Markets are up small as equities look to complete a winning week as strong bank earnings kick off earnings season. Yields are down with the rates giving up what they gained yesterday.
The hotter-than-expected CPI yesterday pushed up the probability of another hike to nearly 40%. But the big catalyst on rates was the horrible 30-year treasu…
