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Treasury Sell Off on Easing News

September 4, 2023
in Trade Tube
Reading Time: 1 min read
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Indices are pointing down at midday, although some losses are being corrected. Orbitz missed earnings on lower profits and revenue cuts. Treasury yields pushed higher as investors sold off their positions following warnings about the costs of easing by a Fed President. Keith Cuttone from Cuttone & Co talks with TheStreet’s Debra Borchardt from the floor of the New York Stock Exchange.

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