Weekly Market Pulse: You Cannot Be Serious!
Source: SeekingAlpha
2025-04-07 09:35:00 ET
Summary
- The 10-year nominal Treasury note yield has fallen from 4.8% at its peak on 1/13 to today’s 3.99%, a total of 81 bps.
- The economic fallout from the Trump tariffs, as seen through the eyes of the market, appears to be negative but fairly modest.
- In the major asset classes, the only positive returns over the last year are interest rate-sensitive ones – bonds and REITs.
You can’t be serious! You cannot be serious!
– John McEnroe, challenging a fault call at Wimbledon, 1981
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Weekly Market Pulse: You Cannot Be Serious!
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