Did we just have a blowoff top in yields? There was a 17 bps rise in US 5s in three hours followed by a complete wipeout in the last three hours. The entire curve...
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WTI crude oil sinks $4 as $80 gives way
The market today is signaling that the era of easy money for governments is over. That has some serious negative implications for global growth and — by extension — oil demand. The problem I...
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