It was a crazy day with a horrible BLSBS leading to a big drop in rates and POSX with a subsequent surge in the Comex PMs. But then it all reversed with bond yields spiking a full 17 basis points off their lows, dragging the POSX higher and killing the PMs. This all leaves your host very unsettled and nervous about next week so please be sure to listen to this pod cast over the weekend.
With that, let's just go. These two images:...
