It's not entirely clear what the catalyst behind today's market move is, says Nathan Peterson. He and Cooper Howard discuss the technical levels to track in the market. Nathan notes that we've had some relatively bullish moves on these prints going back to November. Cooper notes that historically, when relative yields are low, they have increased over the next 12-weeks resulting in munis underperforming treasuries. They talk about what picture the bond market is painting. Cooper also says that a positive credit outlook should also bode well for demand in 2023. Tune in to find out more about the stock market today.
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