MBCC TH 2nd October'23 - "Is the move higher in Bond yields done? It all now rests on the Dollar and Yields - for asset allocation!"

The market is one big MACRO trade, yes all those who ignored it and said it was non existent, that works in a bull market with Fed pumping liquidity, now it really matters.

The next move towards Equities or Commodities all rests on Bond yields and if the Fed will raise or cut?