The Day Ahead: AM Edition 2022-03-31

Still favor equities firming up and pushing higher into tomorrow and early next week

Bonds

Bonds are above 149^26 which is a minor negative for the short-term bearish case. Could easily get a tap of 150^13 at this point before dropping back under 149^26. I want to see ZB begin to roll down with the dominant cycle into early next week. Probably have to wait till the NFP number tomorrow for any real movement either way.

Late in (IV)?

Crude

CL…