Loading ...Why are bonds, the dollar, oil and pm’s rallying together? SM down a little.
Can’t actually bank on pm’s holding up, but why the others?
Generally one might think that’s a sign that something isn’t quite right in LaLa land. The 10 year has moved up pretty quickly over the last two weeks or so. Yields going from 4.7 down to 4.2%. Who’s buying bonds and accumulating dollars. More importantly maybe is why?
The party always ends eventually, in musical chairs, the music stops suddenly.
Bonds and the dollar are huge markets and not so easy to move. Leaves me scratching my head a little.