CatoneEugenio
𝘿𝙞𝙨𝙖𝙨𝙩𝙧𝙤𝙪𝙨 𝙙𝙖𝙮 𝙛𝙤𝙧 𝙗𝙤𝙣𝙙𝙨 𝙖𝙛𝙩𝙚𝙧 𝙩𝙝𝙚 𝙪𝙣𝙚𝙢𝙥𝙡𝙤𝙮𝙢𝙚𝙣𝙩 𝙙𝙖𝙩𝙖. The labor market remains more resilient than expected and the unemployment rate fell to 3.70%. This implies that the Fed will not cut rates anytime soon and supports the "higher for longer" scenario. As a result, bond yields have risen and their prices have collapsed. There is a large component of bond ETFs in my portfolio, but Meta's +21% overshadowed this descent. Overall, today remains one of the most profitable days since I have been investing on eToro. $TLT $TLH $IS04.DE $10yUS.FUT $2yUS.FUT