Markets Investors dumped US Treasuries for a second (trading) day straight. Yields rallied between 10 and more than 15 bps in bear flattening. Since US rates found their bottom last Friday, longer-term maturities have recouped well over half of the losses incurred since reaching their multi-decade highs end-September/early-October. Short-term Treasury yields have recovered almost completely […]
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You might think of Costco as the place you go to buy affordable eggs in bulk. But the warehouse club giant is actually full of surprises. A routine visit can turn into an unexpected treasure Read more…
Gold fell to 3,909 USD per ounce on Friday, its lowest level in almost a year. The metal is under pressure from fears of persistent US inflation and expectations of further interest rate hikes. The Read more…
Intraday bias in EUR/USD remains on the downside at this point. Current decline should target 1.0904 fibonacci level. For now, risk will stay on the downside as long as 1.1272 resistance holds, in case of Read more…