Friday, November 3, 2023

both NFP & ISM-S came weaker than expected ... market cheers w/ 6.2p upside from the low

 teenies settle around 4.5; a 10p drop in 1W

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10Y dropped under 5p ..

As French 10Y go higher than US ..! Both are right indicating slower growth from here; addionally, Crude near 100 is not helping ..!