Mixed bag of news today and thus far bonds are reacting more to the bad news BUT stocks are reacting to the good news. Interesting to see no divergence between the two markets right now!
In the end, the two will move inverse to one another and my money is on the DOW turning south and bond prices continuing north. That is just a guess (obviously) but my guess is based on the magnitude of the overall news this week, in combination with the charts in both markets.
A move above 100.90 will spark a rally!
Have a great and safe weekend!
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