Tony Crescenzi Quotes
With the reduced likelihood of rate hikes, money is being shifted out toward the short end of the curve where yields are higher.
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Reduced | Likelihood | Rate | Hikes | Money |
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The pattern of the equity market lately is that it doesn't retain its bid for long. Bonds started to strengthen on a bet that stocks would weaken. It's rare that stocks hold a bid these days.
- Tony Crescenzi
