Sometimes you just have to laugh... S&P green, check; catch up with AUDJPY, check; squeeze "most shorted", check... It appears the algos got the 330RAMP timing a little off. FX markets - no change; TSY markets - very small reaction, credit reacted but roundtripped.
Up - just because...
With the S&P going vertical
to catch up to AUDJPY
As Shorts are squeezed
And credit gives up its blip gains
Charts: Bloomberg






