(USTs mixed, BELLY outperforms on average volumes)while WE slept; "Payrolls could pose a serious dilemma"
thebondbeat.substack.com
Good morning … in these last few hours before the NFP — which will shape shift the narrative into the weekend — there’s truly very little for me to add here and now. I will say (and it is noted below) that the better stocks do and the more rates fall, the EASIER ‘financial conditions’ (choose your methodology and ticker) get and so we are back to asking if that is good or bad news (and then if bad = good = bad … or vice versa).
(USTs mixed, BELLY outperforms on average volumes)while WE slept; "Payrolls could pose a serious dilemma"
(USTs mixed, BELLY outperforms on average…
(USTs mixed, BELLY outperforms on average volumes)while WE slept; "Payrolls could pose a serious dilemma"
Good morning … in these last few hours before the NFP — which will shape shift the narrative into the weekend — there’s truly very little for me to add here and now. I will say (and it is noted below) that the better stocks do and the more rates fall, the EASIER ‘financial conditions’ (choose your methodology and ticker) get and so we are back to asking if that is good or bad news (and then if bad = good = bad … or vice versa).