The bond market has become unanchored, notes William Lee. He talks about how long-term interest rates have risen sharply and the market is experiencing unprecedented volatility. He discusses what’s next for the bear market in bonds. He highlights that bear steepening of the yield curve reflects geopolitical risks, government spending, and Fed credibility. He then previews mega cap earnings coming up this week including Microsoft (MSFT), Alphabet (GOOGL). Meta Platforms (META), and Amazon (AMZN). He then goes over how the bond market will impact the Fed’s next rate hike decision. Tune in to find out more about the stock market today.
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23 Oct 2023
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