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Weak demand for US 7-year treasuries sent Wall Street indices lower on Wednesday, on concerns that funding the US deficit will drive up yields alongside ‘higher for longer’ Fed rates. And that manifested with a higher US yields curve and a stronger USD, which enjoyed at strongest daily performance in over a month. This week I have warned of a potential ...
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video Overnight, the Precious Metals are lower after yesterday’s blowout rally. Many of you took positions off the table yesterday; congratulations for actively using proper risk management. Overnight, stocks are sliding globally as treasury yields spike and fading expectations weigh in on the next interest rate cut. The “higher for longer” theme ...