Loading ...Looks like we touched $2075 early last evening but are now down $4 or so with silver flat. Doesn’t seem all that threatening at the moment. 10 yr up 3 bips to 3.37%, USD flat, SM down a little. Oil up $.50 after getting crushed for a few bucks
The Fed likes to engineer these “morning after a Fed meeting” to squeeze any enthusiasm out from our little sector. It still seems they’re having a tough time doing it.
Let’s see what they do here.
Jeff Gundlach came out and said he sees the 10 yr. heading back to 2%. If so, then maybe he’s seeing deflation as a real possibility. Is that what oil is saying?