Yields Are Still In Price Discovery Mode = Higher Uncertainty

Rate cuts seem unlikely this year given the hawkish Fed comments, says Collin Martin. He and Nathan Peterson discuss the takeaways from the technicals in today's market. Collin notes that a higher peak Fed fund rate is now expected and Fed funds futures market is no longer pricing in a rate cut by year-end. They talk about what investors should keep on their radars in 2023. Nathan notes that the technicals have a bearish tilt, and yields are still in price discovery mode, meaning higher uncertainty. Finally, they preview the Fed's next move. Tune in to find out more about the stock market today.