BLOOMBERG Bloomberg Markets Americas July 13, 2024
This as crude is also getting a lift. We were talking about the deal between the opec members cutting back supply. Take a look at the high yield etf, this as the fed says they will support the fallen angel market, those credits downgraded on march 22 from bbb to bb. Take a look at this curve. Yields on the front end falling after thesis points fed said that they would expand their facility program, buying shortterm notes from issuers as they engage in some deficit financing. I want to bring in our next guest. He has been talking about bears in hibernation as the fed is trying to increase that ...