Front-End Yields Ease as STRC Nears Par, Improving the Setup for an October Rally

October is starting on a more constructive footing. ISM manufacturing was fairly hot, with both new orders and prices paid accelerating, yet yields still rolled over across the curve. We also saw a meaningful bull steepening for the first time in a while, with the front end leading the move lower (good for crypto). Softer inflation momentum and more measured Fed commentary helped. Yesterday’s PCE report wa...

Finish reading this report for free

Enter your email and we'll send the paywall-free report directly to your inbox

Articles Read: 0/2

By continuing, you agree to the Terms of Service and Privacy Policy.

In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.

Get unlimited access to Tom Lee's Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Events

Trending crypto assets in our research