The Day Ahead: AM Edition 2022-09-13
A dive in the equity indices on a hot CPI
Bonds
Primary view has been that we need one more low for the year in bonds to complete the first impulse down from the high. I think we are now in the end game of the decline as ZB made a press down to next support at 132^04 this morning after the CPI numbers. On a small scale, one could argue for a small bounce and one more low to retest or make a new …
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