Daily Note | October 10, 2023 | War Sparks A Flight To Safety
Good Morning!
Stocks are up as interest rates fall on the surprise attack in Israel by Hamas. The 10-yr yield fell back below 4.65% after briefly breaching the 4.81% level last week. The drop is a catch-up from yesterday (bond market closed for Columbus Day) and weekend trading.
Equity markets are seemingly disregarding the new geopolitical risks. Mean…
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