No freebies in this sector, while the QQQ’s just bounce right back looking to recover yesterdays’ losses.
Dollar continues a bit higher this am, while rates are flat. Oil now flat after being down over a buck.
ZH said yesterday that no foreigners want 10-year US Bonds at auction. Can’t imagine why.
Call the PM’s flat, pm shares drifting lower but nothing crazy yet.
Can probably expect a hit when the PPI comes out at 0830 EST. That just seems how they program these things.
As Tavi said, “can’t understand why they sell them when inflation is rising, when they should be doing the opposite.”
