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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, November 2, 2023
Description: Today's Post -
Big rally day, with markets posting a very nice fourth day of gains, closing up 564 points and putting us now up almost 5% on the week. While I would love to say it’s off to the races, under the hood, the relative underperformance of the higher beta components of the market just feels less convincing. Another bond market rally day as well, with 10’s coming down another nine bps to now 4.67%, along with continued yield curve volatility.
Following a slightly lighter-than-expected Treasury issuance report that was more front-end loaded on the curve and...