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September lives up to its reputation - September 22, 2023
Episode 250
Published 3 years, 1 month ago
Description
Stock markets continued to fall yesterday, as investors realize that key interest rates will remain higher for longer. The mood has become heavier and financiers are taking the Fed's threats seriously. As proof, the yield on 10-year US debt touched the symbolic 4.5% mark, while the 2-year hit a 17-year high of 5.19%.
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