BREAKING: 10-Year Note Yield rises to 4.45% for the first time since November 2007.
— The Kobeissi Letter (@KobeissiLetter) September 21, 2023
Markets are now no longer pricing in any rate cuts until September 2024.
Just three months ago, 4 rate cuts were expected by the end of 2023.
Now another rate hike is back on the table by… pic.twitter.com/AYUiFC8jLP
Interesting business stuff as the IPO and merger world evolves in a brave new world
https://www.semafor.com/newsletter/09/08/2026/semafor-business-the-taxman-cometh?utm_source=headernewsletterlink&utm...

