Thursday, November 9, 2023

TYX auction didn't go well ...!

market tummy is full in context of demand for treasuries

so called free printing days are over .. as market demands higher premium for fresh money ..! 

gave 1.2p jolt to S&P

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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 ..!