Despite the “holiday” that comes at the end of this month, it’s September that’s supposed to “scare” the bejeezus out of the market; and that it did. But the yield ghosts and goblins remain out in force as the Street slowly comes to grips with an elevated interest rate environment that is starting to feel like the new normal. JPM CEO Dimon reiterated his call for 7% rate hikes, Fed officials added (again) we would be higher for longer, echoed by Yellen this afternoon. And last night Cleveland F…
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