Morning Note | August 29, 2023 | FPF Looks Good Here. Three Bond Picks
Summary
Stocks have opened mixed with little overall volatility after two consecutive up sessions in August.
Interest rates are the main cause of the decline, with the 10-year yield reaching a cycle high of 4.35%.
Forecasts for the return of 3% yields have been extended, with some predicting rates to rise above 5% or even 6%.
Some individual bond picks.
Good…
