Guess what, no surprises here!
Commodities have leaked lower today.
The market hasn't moved out of line with the Euro today
Financials have also started to slightly underperform
High Yielding Corporates have actually leaked lower
High yield has leaked lower today.
Yields have moved up slightly today, but nothing that is really worth commenting on.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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