It was a volatile day in the Comex PMs and miners as higher interest rates sent shockwaves across all markets, including the regular old stonk market. So what happens next? What happens if/when bonds puke again and the 10-year note yield goes over 5%? We're likely to soon find out.
For today, a recap but also a warning to keep an eye on things tomorrow. Not only is there a war to monitor but there will be some interesting data in the morning and then an interview and discussion with Jerry that begins at Noon ET. As such, expect the volatility to continue.
The big driver...