Looks like Credit Suisse will be the first Euro bank and likely the next earthquake.
Just saw the 10 yr. down 15 bips! The 2 yr is down 20 bips! Nice tailwind for us, we’ll need it today. OTOH, the USD is up almost 1%, following the bid in bonds. Let’s hope rates win out.
PPI coming out in an hour. It should move markets.
Oil now giving up the goose, down almost 2%, testing the $70 mark.
Here is the COT Report from Feb. 28th, still 3 weeks behind. A little more action in this report.
CFTC Commitments of Traders Report – CMX (Futures Only)