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Daily Note | October 18, 2023 | FHLB At 7.00%!!
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Daily Note | October 18, 2023 | FHLB At 7.00%!!

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Yield Hunting
Oct 18, 2023
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Daily Note | October 18, 2023 | FHLB At 7.00%!!
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Summary
  • Markets down as earnings season begins and airlines and investment banks provide soft guidance.

  • Oil prices rise due to Mideast concerns with Iran calling for an embargo of oil exports to Israel.

  • Long-end treasuries and corporate debt are affected by higher rates, while muni CEFs experience NAV decreases.  I still believe in two years or less, those…

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