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Daily Note | Oct 13, 2023 | Apollo Floaters Raise Again
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Daily Note | Oct 13, 2023 | Apollo Floaters Raise Again

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Yield Hunting
Oct 13, 2023
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Daily Note | Oct 13, 2023 | Apollo Floaters Raise Again
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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…

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