Loading ...I would think we’ll get some short covering into the close, the shares have held up better than I would have thought.
PPI inflation numbers come out in the morning, I can’t imagine they’ll be any better.
ZH has an article about how terrible the 10 yr. auction was today. I don’t think we can be too far from QE in the bond market. I don’t think they can let rates run in any meaningful way with the level of gov’t. debt out there. Eventually the Fed and their bloodsucking banks will own all the treasury debt.