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Giuliano Giacaglia
@giu
Something to watch on the market is that the 10-year note yield is going up despite the fact that JPow cut interest rates. This is likely showing that the market is expecting inflation to be persistent. That will affect mortgage rates and everything in between
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Abbas🎩👾
@abbass.eth
& this divergence could challenge Fed credibility, affect global borrowing costs, and resemble past periods of persistent inflation..
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