Wednesday, January 19, 2022

TNX hovering at 1.9 ...

with rising rates, imagine what can/will happen to all those securities ($9T world-wide) which have yielding negative rates ?

SPX touched 4535 ON, 5.67% down from peak, NASDAQ retreats from 10% mark 

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CPI came benign ...

either folks are not buying imported stuff which also helps the trade deficit - two birds killed with same stone .. obviously energy being l...