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But we saved everything 🙂.
Steve Hou suggests that there is a reason why the 10-year yield could be declining, cautioning that the implication may be unfavorable.
No further context or details about the reasoning were provided in the statement.
Hou has recently commented on individual stock moves, noting positive performance for HOOD and TER, with setbacks for KTOS investors. He has also backed Marc Rowan’s remarks about the venture capital ecosystem’s growing capital intensity. These observations follow his latest caution regarding the 10-year yield.