Mediocre 3Y Auction Tails Despite Solid Buyside Demand

This was an average auction, with forgettable metrics, which was to be expected in light of the broader market selling. It also signaled that despite expectations that tomorrow's CPI will be the first 4%+ print in 4 years, the bond market isn't too worried


What Does Silver Know?

The resemblance between silver's collapse and the current SOX setup is becoming difficult to ignore.

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