10Y2308 (Micro 10-Year Yield - Aug 2023)
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Stocks did pull back about 5% in the f","text":"August's decline is not the end of the 2023 rally in U.S. stock market.August's decline in stocks was driven by reflation fears and persistently high Treasury yields; but now these two trends are expected to reverse!U.S. core inflation is likely to fall in August, which will reignite disinflationary optimism.U.S. Treasury yields, which spiked in August, are expected to fall in September as economic and inflation data continue to weaken.US stocks are poised to soar in September as data shows a reversal in the trend of reflation fears and Treasury yields. U.S. stocks have risen with great potential in 2023. However, the decline in August once sparked fears of a trend reversal. Currently, it looks like investors were overly concerned. 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