October 2023 Newsletter | Lots Of Headwinds Mounting. Will One Be The Catalyst?

Oct 03, 2023

∙ Paid

Summary

US yield curve rises, with the benchmark 10-year hitting 4.60%.
Pain in bond market centered on interest rate sensitive areas, not credit sensitive areas.
Rise in long-term interest rates driven by oil prices, Fed's QT, potential shutdown, US debt downgrade, and treasury supply.
Core TradesSell Cohen & Steers Tax-Advantage Pref Inc (PTA) Buy PIMCO E…