US markets were mixed as investors digest a rebound in interest rates

20 Feb 2023 – US stocks were mixed on Friday as stubbornly high inflation and a rebound in rates continued to weigh on investor sentiment. The recent strong economic/inflation data has pushed Treasury yields back up to a level that makes it very tough for the stock market to stay up at its current level – with a combination of higher yields and lower earnings estimates for 2023, it creates some more renewed headwinds for the stock markets

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