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German long-term bond yields keep rising.
The yield on 30y Bunds has reached 3.23% — nearing its highest level in 14 years. Source: HolgerZ, Bloomberg
BofA private clients: 64% stocks, highest since March 2022
10.7% cash, lowest since October 2021 (Hartnett) Source: Mike Zaccardi, CFA, CMT, MBA
Investors are now buying stocks on margin at levels never seen before in history
Source: Barchart
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