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Thursday, March 28, 2024

Seriously, Again!?

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Seemingly catalyzed by opaque black-box bank earnings (and aided by a run for 107 stops in USDJPY), the S&P has jerked 14 points higher in a few minutes as bond yields remain entirely unimpressed in an uncomfortable case of deja deja deja vu from last week. 10Y yields are below 2.20%, 30Y under 3.00%, and 5Y under 1.5%.

Disconnect Deja Vu

The driver of the momo ignition… JPY as always…

Charts: Bloomberg

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