Bonds Bid As Hawkish ‘High(er) For Long(er)’ FedSpeak Spooks Growth Stocks
July 10, 2023 at 16:00 PM EDT
A quiet-ish day on the macro front today as the ‘main events’ lie ahead of us but Wholesale Sales disappointedly declined and Consumer Credit rose dramatically less than expected. However, a murder of Fed Speakers certainly made clear how they feel, all singing from the same hymn-sheet – ‘High(er) For Long(er)’ it is: *BARR: INFLATION […] Source
