Yield Hunting Newsletter November 2024 | The Melt Up Continues... But For How Long?

Nov 04, 2024

∙ Paid

Summary

Markets saw some volatlity this month with treasuries down 5.6% thanks to higher yields, SPY +1.1%, and Gold +5.9%.
The jobs report on Friday will likely arrest the rate rise and allow us to go long duration again. Yields have likely peaked for this interim cycle .
The economy is still slowing which should be a drag on rates but new supply is over…