The Big Disconnect Between Stocks and Bonds, and Earnings from Broadcom & Nordstrom 3/2/23

Treasury yields continued their march higher today, and it’s having an impact on everything from car loans to corporate borrowing. But why are stocks rising even as credit costs rise? We try to find some answers. Plus after-hours moves in Broadcom and Nordstrom, and why investors seemed so disappointed by Tesla’s investor day.

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