Thursday, August 6, 2020

IJC: 1.2M

teenies touched .504 before the news, but took off from there to .538 in PM as Trump calls to take an executive action tomorrow in case of there is still no settlement in Congress.

market cheers after an overnight drop mainly in NASDAQ

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fed left the rates unchanged

2 yr rates drop slightly to catch up further explained by the chief that market has moved ahead raising rates and not waiting for fed action...