Chanticleer
Bond yields may have fallen back from their recent peak, but billionaire Paul Tudor Jones remains concerned the relief will be short-lived. He says steer clear of stocks, but his alternative isn’t for everyone.
Has the storm passed?
A sharp and sudden fall in bond yields on Tuesday night on Wall Street (and in Asia on Wednesday) has raised hopes that the recent run-up in rates might be coming to an end, amid a suddenly dovish turn by a small army of Federal Reserve officials.
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Original URL: https://www.afr.com/chanticleer/why-this-wall-street-titan-is-turning-away-from-stocks-20231011-p5ebhd
