PM’s up nicely with the dollar flat? 10 yr. down 9 bips though, and oil surging 4% back above $86
Almost as if they are sniffing around and don’t like the stench of the future.
I suppose we’ll know it’s real if the shares get ALL of their losses back and gain something – on heavy volume.
The strength is surprising though, especially since the banks were still heavily short both metals.