Market was overreacting to the yield hike and was having price discovery on top of rotation towards cyclical stocks in the past 2 weeks. A correction was also much needed given the huge run-up in tech/growth stocks
Market was overreacting to the yield hike and was having price discovery on top of rotation towards cyclical stocks in the past 2 weeks. A correction was also much needed given the huge run-up in tech/growth stocks
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