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Still bullish US equities | Higher bond yields?

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A quick market-related commentary: The "easy" leg of the post-debt ceiling rally, which saw the S&P 500 rise from 4150 to 4300, is now behind us. While we aim to remain consistent with our prior forecasts, having anticipated a breach above 4300 following a p...

 

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Still bullish US equities | Higher bond yields?

Investors’ positioning suggests higher USD interest rates on the long-end of the curve is the direction of most pain.