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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, August 3, 2023
Description: Today's Post - https://bahnsen.co/3QoFycQ
Saudi put a further stake in the ground on extending production cuts, and oil jumped over +2.5% as a result (nearing $82 WTI). Again, they cite the silliness of SPR not making any moves to refill (something I spoke about on CNBC last night).
Other than 2008 when the world was ending, 2022 and 2023 have seen the highest bond volatility since the 1980’s. This year has actually seen more days of > 10bp moves in two-year treasury yields than even last year did!
The higher yield levels in the long end of...