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Bloomberg Intelligence
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Bond Market Curve Flattening
The fed didn't react as devilishly, at least in the cuanda portion of a jerome powell's senate testimony as maybe the market had anticipated. The biggest part of that is the curve flattening. If you applied that logic to big tech, which is also a very long duration asset essentially, or has been trading as such, that's not exactly a good sign. And right now you do have that disconnect between a stocks in that regard, aand tex stocks in particular, as well as the bond market.
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