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The Kobeissi Letter
The Kobeissi Letter|Apr 09, 2025 04:06
WOW. The 10-year note yield just surged another 10 basis points in a matter of minutes as "reciprocal tariffs" went live. It's now ABOVE 4.50% and 75 basis points above levels seen when the "Fed pivot" began in September 2024. Something is about to break.
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