Bit of a yo-yo in the overnights, down, up, back down.
Dollar is up .25%. 10 yr up 4 bips
We do have the CPI inflation numbers coming out this am. Usually moves the market if out of whack. I guess we’re looking for a less hot report, although it may not matter to pm’s, they are going up.
Oil getting whacked for another 2+% @ $73, not sure what’s going on there, forecasting future demand?