Nvidia vs. the Long Bond: PCE, Jackson Hole, and Whether 4.74% Is the Ceiling
Equities bounced Friday but closed the week lower, with the 10-year near 4.74% and the 30-year at 5.28%. This week brings July PCE and Q2 GDP on Wednesday, Nvidia after the close, and Fed Chair Kevin Warsh's first Jackson Hole keynote Friday at 10 a.m. ET.