Stocks tumble, U.S. bond yields rise on strong jobs report
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Equity conviction is returning but tech not seeing love, claims BofA
February 3, 2023 8:38 AM ESTIn BofA's "The Flow Show" note, analyst Michael Hartnett told investors that the conviction in bonds continues.
The analyst explained in his "flows to know" section that there was $7.3 billion into investment grade bonds, while there is "no inflation fear" with a 23rd straight week of TIPS outflows ($1.6... More
