Higher For Longer.
The Pain That Rising Rates Is Causing.

Donn Goodman and Keith Schneider | August 20, 2023

Happy late summer Gaugers.  We all hope you continue to take advantage of the warmer weather and are enjoying late summer’s lazy dog days. Interest rates pushed higher yet again this past week.  This trend has caught the attention of positive sentiment and stock-happy Wall Street.  A move higher in Treasuries has pushed 10-year yields close to their highest point since 2007 and spurred what is now the biggest break in an $8 trillion equity

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