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On the SPOT blog (10/19/2022) [P..]

Lot of volatility in the markets today following spike in treasury yields. New home starts fell more than estimated as well. Data and commentary supporting aggressive rate hikes continued and that were perhaps the reasons why all three major US indices finished in red today. Quarterly results from Procter and Gamble, United Airlines and Netflix we good but not enough to sustain the broader rally.

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