Korelin Economics Report

More News Driven Moves In Treasuries… But What About The US Equity Markets

Chris Temple is with me to wrap up the markets for today. Another day where news was moving bonds all thanks to a report out of China that they will curb purchases of US treasuries. Even though the bond market sold back down throughout the day we are seeing a consistent shift by the major players away from bonds. The real takeaway is the lack of a sell of in the US markets. With good reason to sell off today markets were only slightly down and the VIX actually ended the day in negative territory.

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