only worse. Yet another bounce nullified, because why not?
No need to look at the dollar, rates, oil or anything else because none of it matters when it comes to pm’s.
edit: within minutes of this post, pm’s all of a sudden shifted and have more than halved early losses. Rates have reversed and are now lower, oil giving up ground as well as the dollar. We’ll see where this goes. Probably not enough to get us actually positive but worth noting. Intervention in bond markets?
edit#2 – nevermind, as expected, right back in the crappa