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Super Brief: Bounced, Not Cleared — Super Brief
Published 6 days ago
Description
Bounced, Not Cleared. The S&P recovered 1.08% to 7,500 and the Nasdaq jumped nearly 2%, a clean post-FOMC dip-buy. But the bounce came on no new information, and the bond market did not follow. The curve flattened from the long end, the shape that preceded the policy reversals of 1995, 2006, and 2019, not the soft landin