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Thursday, March 28, 2024

US Stocks, Bond Yields Extend Drop After-Hours

Courtesy of ZeroHedge. View original post here.

The much-heralded “off the lows” squeeze bounce into the US cash market close has been entirely erased after-hours, leaving Dow futures down 940 points on the day as Treasury yields extend their decline…

Well that bounce didn’t last long…

And as stocks tumbled, yields also tanked…

Erasing the entire Trump-flation myth…

What will The PBOC do tonight?

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