Tuesday, December 12, 2023

CPI came in line as expected ...

 its not gong to drop so much that Fed will announce cuts, people have no patience ... but 4p YOY is much better than where we have been

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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 ..!