The Day Ahead: PM Edition 2022-08-01
Bad data and geopolitics made traders nervous today
Bonds
I’ve been thinking this evening hard about what the options are here in bonds. One that I have expressed before is that the recent low could be the end of an impulse down from the high and now up in the early part of two. I’m a little skeptical of that idea as I’m not sold on the Fed being done with interest rate hikes until late this year or early…
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