Commodity Returns Plunge the Most in Months Amid Stronger Dollar
The dollar is a bit boyant but not really out of its stable position. Oil did drop, two points. And the ten year yield gave back about eight basis points to 1.4%.
So, I am not expecting our FX insurers to raise fees over night and will leave the ten year be, letting their clients use it. Anyway,we will find out soon enough.
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