Bonds
There was an initial spike under 138^25, a negative, but quickly recovered. Bond traders are trying to figure out if the next hike is 100 or 75 bps. I don’t know, but I still think it likely the 30yr drift lower though might poke above 140^05 first. Bears begin to get traction if ZB drops back under 138^25.
Crude Oil
It would look be…
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