A Massive Selloff found a bottom?
Is 4% yield the end for the 10 year?
The fed is talking about increasing the base rate further so I doubt it is the bottom but we do see a similar move here versus the begging of the sell off. Moving about .23% on the yield today versus the beginning of the sell off does leave one to wonder. Are we close to the bottom? Does this mean that equities have the green light??
I expect some more volatility to come as we head into elections but I suspect we are close to a bottom for 2022. I still see a run up into 2023 maybe even a violent new high with a drop that all these bears are really looking for in 2023.
The fed is talking about increasing the base rate further so I doubt it is the bottom but we do see a similar move here versus the begging of the sell off. Moving about .23% on the yield today versus the beginning of the sell off does leave one to wonder. Are we close to the bottom? Does this mean that equities have the green light??
I expect some more volatility to come as we head into elections but I suspect we are close to a bottom for 2022. I still see a run up into 2023 maybe even a violent new high with a drop that all these bears are really looking for in 2023.
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