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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, September 21, 2023
Description: Today's Post - https://bahnsen.co/48s8IyG
The violence was most felt in the bond market as yields rallied dramatically at the long end of the curve. As yields did not move much (or at all) in the short end of the curve, you saw a fair amount of inversion eroded. It is all a rate story now – as stocks are following bonds, not vice versa. QT is tightening, and high rates are tightening (with the bond market doing more of it for them). Something has to break eventually.
The Bank of England also le...