The Day Ahead: PM Edition 2023-06-29
US PCE Friday morning
Bonds
Most interesting thing that happened today in my view is that ZB finally pushed lower with some force. As you know, I’ve been looking forward to a new low under that of late May for the last couple of weeks. While the length of this consolidation in time is pretty large, I’m still calling it a wave [IV] and not iv because I think it counts a little…
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