I'm watching the very short-term Treasury bonds' spike, says Scott Bauer after the President & House Speaker announced a debt ceiling deal. "The bottom line is, when short-term rates explode higher, it means the government is having problems." He thinks the market's rise on the back of a few tech names like Nvidia (NVDA) is dangerous for when investors cycle out, but he's not sure which sector the market will move towards next.
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30 May 2023
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