
Stalemate in the Capitol – Weekly Update
October 4, 2021 | By Steven DiGregorio
An Ugly Week The reality of a more hawkish Fed finally hit the bond market, sparking a sell-off in bonds that sent yields higher. Higher yields hurt technology and other high-growth companies, and that weakness spread to the broader market. (Higher yields can reduce the value of a company’s future cash flow, which may reset […] READ MORE