The Day Ahead: AM Edition 2021-02-23
Can the move lower in SPX help bonds climb out of the hole?
ZB slid a little lower along a channel this morning to test 161^27 but is putting in some effort to climb out of the hole. Need to see ZB climb over 162^23 and the median line for confirmation. No surprise that I think the drop in bonds is overdone but important to get some confirmation first.
Promising drop away from a new hi…