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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, August 17, 2023
Description: Today's Post - https://bahnsen.co/3E5y8nq
10-year yields rose to 4.29% today on the way towards the October highs of last year at 4.34%, and the yield curve steepened with 2/10’s now at 65 bps. Today we saw jobless claims come in slightly better than expected and an upside surprise in the Philadelphia Manufacturing Survey data, both supporting higher growth expectations which is what moved rates on the long end for the day. Even though stocks and bonds sold off today, I am sticking with good economic news and still being good myself.
For all th...