The Day Ahead: PM Edition 2022-02-15

Did crude oil top?

Feb 16, 2022

∙ Paid

Bonds

ZB was a little heavier than I expected today but I can’t see being overly bearish in this area. Possible that it taps 150^04 tomorrow but probably a bad idea to look lower if 151^06 is recovered.

Crude Oil

This is the kind of thing I have been expecting, any relaxing of tensions over Ukraine takes the bid out of crude. No…

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