Wild 20 minutes after CPI dropped.
Stocks and gold got hammered at 8:30 AM, then completely reversed and went green by 8:50 AM.
10-year yield spiked to 4.99%, now back in the red for the day.
That's not conviction. That's a market second-guessing itself in real time.
Stocks and gold got hammered at 8:30 AM, then completely reversed and went green by 8:50 AM.
10-year yield spiked to 4.99%, now back in the red for the day.
That's not conviction. That's a market second-guessing itself in real time.
