Treasury Bears Have The Edge

Schwab Network

English - February 15, 2023 18:32 - 9 minutes - 74.6 MB - ★★★★★ - 23 ratings
News Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Hot Retail Sales Number, Can't Fight The Fed

Next Episode: The Harder The Fed Pushes, The Worse For The Treasury's Fiscal Position

I think the treasury bears have the edge, meaning yields are higher and slowly and steadily getting more control, and that was sort of a seismic shift after that blowout jobs report on February 3rd, says Michael Purves. He discusses the Employment Situation for January 2023 with non-farm payrolls coming in at 517K versus an estimated 185K. He talks about market volatility trends to monitor. He goes over what an inverted yield curve means for investors. He also mentions his trade to track: the QQQ ETF. Tune in to find out more about the stock market today.