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A “Targeted” Problem, or a Bigger Concern? Plus What Treasury Yields’ Big Rise Mean For Markets 8/16/23

Published 2 years, 6 months ago
Description

Target shares jumped despite a dismal quarter. The company raising concerns over demand as it slashed guidance for the year. But is this a Target-specific problem, or an indication of a deeper consumer problem? Plus 10-year yields hit their highest level since October today. What does that mean for the market?

 

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