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Does the tax U-turn mean interest rates won't rise to 6% as predicted?

The government has reversed some of its tax cuts, but have they gone far enough?

Apollo Global Management, Inc. (APO)

NYSE - NYSE Delayed price. Currency in USD

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48.93

+2.43

(+5.23%)

At close: 04:00PM EDT

48.93

0.00

(0.00%)

After hours:

04:34PM EDT

Major holders

Insider transactions

Major holders

Currency in USD

Breakdown

38.87%	% of shares held by all insiders
54.29%	% of shares held by institutions
88.81%	% of float held by institutions
836	Number of institutions holding shares

Top institutional holders

Holder	Shares	Date reported	% out	Value
Vanguard Group, Inc. (The)	37,374,072	30 Mar 2022	6.51%	2,316,818,723
Capital World Investors	31,006,365	30 Mar 2022	5.40%	1,922,084,566
Blackrock Inc.	24,262,978	30 Mar 2022	4.22%	1,504,062,006
Capital International Investors	15,715,583	30 Mar 2022	2.74%	974,208,990
Morgan Stanley	10,724,396	30 Mar 2022	1.87%	664,805,308
Neuberger Berman Group, LLC	9,281,645	30 Mar 2022	1.62%	575,369,173
State Street Corporation	8,032,420	30 Mar 2022	1.40%	497,929,715
ClearBridge Investments, LLC	7,859,123	30 Mar 2022	1.37%	487,187,034
Edgepoint Investment Group Inc.	7,219,388	30 Mar 2022	1.26%	447,529,862
Brave Warrior Advisors, LLC	5,852,507	30 Mar 2022	1.02%	362,796,908

Top mutual fund holders

Holder	Shares	Date reported	% out	Value
Fundamental Investors Inc	12,515,772	29 Jun 2022	2.18%	606,764,626
Vanguard Total Stock Market Index Fund	12,124,559	30 Mar 2022	2.11%	751,601,412
Vanguard Mid-Cap Index Fund	9,535,167	30 Mar 2022	1.66%	591,085,002
Washington Mutual Investors Fund	7,119,491	29 Jun 2022	1.24%	345,152,923
Growth Fund Of America Inc	6,721,590	29 Jun 2022	1.17%	325,862,683
Income Fund of America Inc	5,915,679	29 Jun 2022	1.03%	286,792,117
American Balanced Fund	4,944,116	29 Jun 2022	0.86%	239,690,743
Vanguard Extended Market Index Fund	4,902,824	30 Mar 2022	0.85%	303,926,059
American Funds Insurance Ser-Asset Allocation Fund	3,886,410	29 Jun 2022	0.68%	188,413,156
Vanguard Growth Index Fund	3,351,040	30 Mar 2022	0.58%	207,730,969