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Today's Pick

GeoMacro: A Bearish Turn

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Our GeoMacro strategists turned tactically bearish on equities as the US 10-year Treasury yield remains stuck above 4%, reaffirming their mid-2025 view that elevated borrowing costs would pressure the economy. While they are open to a reversal in the bond…

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