- Markets struggled for direction yesterday with Europe declining 0.02%, the S&P500 marking its lowest close since May, down 0.17%, as investors continued to fret about the longer-term impacts of higher interest rates.
- This morning, Barclays released its Q3 earnings in which profits beat consensus estimates despite a more challenging operating environment for banks in the UK.
- US treasury prices rose modestly and yields fell yesterday despite the 10-year Treasury yield briefly rising above 5% for the first time since 2007.
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