Courtesy of Tradeweb
We haven’t seen that since April last year…
Thank durable goods orders coming in better than expected in December in the US.
In explaining the move, newswires were also citing a statement from Fitch saying the chances of the rating agency stripping the US of its triple-A status in the near term had receded following the temporary suspension of the debt limit.
Yes, can-kicking is now “bad” news as far as safe havens go.