Loading ...yeah oil is being priced as if world commerce is going to be coming to a complete halt. Actually on a % basis was down more than gold yesterday.
Looks like a nasty bout of deflation is on the way, except for maybe food stuffs depending on how bad this virus thing gets?
Ten Yr. closed at 1.13% – Fed might as well cut 50 BPS on Monday. The market has did it for them last week anyway.