The Fed Makes Waves

By Timothy D. Calkins, CFA The third quarter of 2023 was back loaded with volatility. The S&P 500 had traded sideways from July through mid-September, even as the Treasury yield curve continued to move higher, increasing borrowing costs for consumers and businesses. The yield on the 10-year Treasury bond had risen around 50 basis points [...] The post The Fed Makes Waves appeared first on ETF Trends .