Levered brokers: Squeezed returns, but fundamentally resilient
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Levered brokers: Squeezed returns, but fundamentally resilient

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After an incredible run over the past couple of years, capping off a great decade, things are set to get harder for the levered private brokers.

Interest rates are rising as the Fed seeks to tame inflation, with futures markets pointing to a Federal Funds rate of 3.5%

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