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2:42 p.m. ET Yields were already high and heading higher, but the news this afternoon that the Bank of Japan may “tweak” its YCC to allow interest rates on JGB’s to move above a half percent, sent bonds sharply lower over fears that the BOJ actually does tweak their Yield
I’m feeling a little more casual than usual today, so I’m going to run with that. The most important economic data of the week, the Consumer Price Index (CPI) came in at a massive miss, but not necessarily a surprise given some of the things we’ve been seeing recently on
Since the last update, the S&P 500 Health Care sector (-0.35%) joined Industrials (-0.2%) and slipped into negative territory recently, but we still have 9 of 11 S&P sectors green. I’m not trying to say that today wasn’t a decent day for the market, but when considering everything in context
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