10 yr now down only 1.7 bips, back above 4.26%.
The crashing dollar is moving higher as well, so the algo’s must sell GLD and SLV.
I suspect it won’t be long before we start to see rates, the USD, gold and other commodities move up in tandem.
SM deteriorating in the last hour. Money used to go from a weak SM to the bond market. Where’s it going now?