Thursday, July 2, 2020

strong june NFP report ...

4.8M jobs added ..

market jumped initially, but both teenies and market gave up by EOD sensing too much optimism, as 3150 seems hard for market to cross.

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treasury plans to buy long term US debt to replace it by short-term debt

10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.