shouldn't Sarah Fryer! be fired ..?

a 3rd of openAI projected revenue just got wiped out ... taking markets lower ..!

lower crude & low NFP caused ...

drop in yields to 5.16p

there is no word in Hindi for divorce ...

a marriage is called as Vivah Sanskar .. in fact the saat phera as part of the ceremony has 7 commitments made by the bride (3) and groom (4) - well defined set of commitments by both and there is no undo ... the closest alternative is Parityag ..!

treas. rates rising ...

a consequence of holding the rates lower for longer ... and now inflation is not getting under control anytime soon .. so where does it impact first .. let's with private equity .. & for them the capital was very much at no cost until now ..!

fed raise rates by 0.25p ...

Market takes a dive of 1.5p, touching Sep 10 low

10Y treas.hit 5p - first time since 2023

as crude rises to $105

NFP 162K .. higher than expected ...

But not enough for a rate hike ..!