The Day Ahead: AM Edition 2021-10-08

Uncertainty after the NFP

Oct 08, 2021

∙ Paid

Bonds

There was an initial bounce in bonds off the NFP but was short lived. ZB then went on to push down to test next support at 157^20. I can’t rule out lower to test 157^10 but do think this drop is getting a little extended in the short term.

Crude Oil

Crude went on to make a new swing high which is not that much of surprise. This is …

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