Loading ...The 10 yr. is down 6 ticks and falling now @ 4.40%.
The dollar has been slowly fading all day, but still up a little.
Mr. Copper talked about bear traps. Just wondering out loud if this isn’t a bear (oops bull) trap in the dollar. It was on the verge of breaking down until Friday’s shenanigans with the jobs report.
If so, it may also be a bear trap in the metals and the shares as Copper mentioned.
I still think the Fed surprises and follows the Euro zone with a cut. Maybe just wishful thinking on my part, but stranger things have happened, and the Fed does not like to take blame for crashing the economy. Never know.
Who on earth wants US Treasuries?