What are the implications of the tightening of credit conditions mentioned in the text?
10-Year Move Towards 2% a 'Bit Overdone,' Citi's Levkovich Says

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What is the significance of the senior Loan Officer survey from the Reserve Board?
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What does the speaker suggest about the market's behavior by late summer into the fall?
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How does the speaker perceive the current state of yields in relation to dividend growth?
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What potential actions might the Fed consider if sluggishness is observed in September?
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