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Wednesday, July 6, 2022

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Stocks & Bonds Just Puked

Courtesy of ZeroHedge View original post here.

US equity and bond markets just lurched lower (in price) and the dollar spiked higher as a combination of headlines hit.

Put all that together and equities tumbled…

Treasury yields spiked…

And the dollar surged…

Finally, we also note that Fed's Biostic walked back his September "pause" comments, clarifying that this is in no way menat to be a "Fed Put".

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