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Lame Dux Bellorum

1 source1 article First seen Updated United States Truth score 16

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Lame Dux Bellorum By Benjamin Picton, senior market strategist at Rabobank The NASDAQ and S&P500 rallied on Friday despite a stronger-than-expected payrolls report helping to push Treasury yields higher. The Treasury curve bear flattened as two-year yields rose by 5bps, and ten-year yields lifted by 2bps. There was a strong hint of bargain-hunting as investors again piled in to tech stocks that had been brutalised in the previous session, thereby perpetuating a recent volatility spike that AI-trade sceptics will be tracking with great interest. By contrast, the less glamorous and more…

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    Lame Dux Bellorum

    Lame Dux Bellorum By Benjamin Picton, senior market strategist at Rabobank The NASDAQ and S&P500 rallied on Friday despite a stronger-than-expected payrolls report helping to push Treasury yields higher. The Treasury curve bear flattened as two-year yields rose by 5bps, and...

    Low reliability sourceElevated risk

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