CNBC’s Investment Committee is split on how to position for rising rates and oil prices, with Steve Weiss raising cash while Jim Lebenthal stays fully invested. According to BeInCrypto, Weiss sold Cisco and trimmed Meta Platforms, holds about 25% in cash, and sees the 10-year Treasury yield heading toward 6% if oil stays high.
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Steve Weiss Raises Cash As 10-Year Yield Hits 5.27% And Oil Tops $105
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