10 yr. over 2.19% – but the kicker is that the 5 and 7’s are above 2.2% as the yield curve inverts even further. USD up.
Definitely not a great environment for pm’s to move higher, and recession is on the way, or already here. Nothing will stop the SM from moving higher though.
Goldie – good luck on your AG. I wasn’t aware they are going to repurchase their shares. Bullish. Neumeyer has replaced McEwen as the best CEO in the business.