As you may recall, I often play a mind game in the morning. Given the circumstances of the day before and how things looked before I called it a day, I'll get a number in my mind for CDG so that I'm not too depressed at first glance. After the response to the FOMC minutes yesterday, I was concerned that I'd wake up today to some nasty downside.
Instead, and to my great surprise, things are OK. Not great, obviously, but OK and certainly not down $30, either....at least not yet.
Let's start with the bond market where rates are UP yet again with the yield on the 10-year...