Notes from the Desk: Yields Rise as Strong Labor Markets, "Goldilocks" Economy in Focus

Published on October 11, 2024

Long-term US Treasury yields rose last week as investors digested mixed economic data that reinforced the idea of a "Goldilocks" economy.

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Misguided Mayhem

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In the last year, we’ve written about the poor performance of clean energy, while highlighting the strong long-term outlook for the sector and the attractive valuations. These are typically the sorts of things we focus on…valuations and the long-term fundamental prospects for companies. We tend to shy away from overanalyzing short-term market dynamics.