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November 29, 2023 | Premium Service | Since the end of the third quarter of 2023, all manner of equity securities have soared on the promise of lower interest rates. Meanwhile, the latest US Treasury auctions are a decidedly mixed bag, with shorter duration securities flying off the virtual shelves but longer dated maturities drifting higher in yield. Everything from 7s on out the yield curve is slipping as short-dates rally. Like we said last week, a normal yield curve beckons. Below we catch up on some of the latest action in banks and fintech firms.
