“easing a lot of cuts from the Federal Reserve. And so the…” — Chat With Traders at 7:56
“easing a lot of cuts from the Federal Reserve. And so the thinking was, hey, we got a strong jobs report. That maybe means the Fed doesn't need to cut six or seven times as the market is pricing. And so that's exactly what happened. The bond market sold off, started to take away some of the cuts that were priced into…”
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