Wed, 25 April 2018
People held parties when the Dow hit 20,000, so why not break out the hats when interest rates hit 3%?
Rates hit 3% yesterday for the first time since January 2014 and bond traders are dealing with a huge amount of new US debt issuance at $96 Billion worth of bonds, the largest since 2014. Was this planned prior to rates moving up? Also in the news Caterpillar and Twitter make a good showing in the market and the cryptocurrency Gemini takes a step in the right direction. Other topics include:
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