TSP Talk Blog

Stocks opened flat on Tuesday although there was a tentative attitude heading into yesterday after Monday's negative reversal day and Powell's imminent meeting with congress. Powell didn't disappoint those looking for him to create some volatility, but he did disappoint the bulls as stocks sold off with losses deep into the 1% plus range. The Dow fell 575-points and bond yields were mixed with shorter term yields rising and widening the yield curve.

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