TMTB EOD Wrap

Good afternoon. Relatively slow news day as some of the squeezy action early faded and non profitable tech + SOX ended up underperforming with market taking a bit of a breather. Treasuries were bid with yields down 6-7bps across the curve. Market still pricing in 33bps worth of cuts at 9/18 meeting and 98bps for the year. Slow August day but let’s g…