WEEKLY WRAP-UP (s2023e17)
for the week ending Friday, November 3rd, 2023
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Straight to the ‘tourist chart book this week. Let’s start with fixed-income as the massive decline in real rates was the reason for many of the moves in financial markets.
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“Real” 10-year swap rates have declined by over 35 basis points over the past couple of weeks and although inflation swap rates were lower, the majority of the move resulted from a de…