Friday, June 2, 2017

"Bond Yields Plunge Through Key Technical Level As Dismal Jobs Data Sinks Stocks, Dollar"

The dollar index did not react at all well to the employment report, approaching the May 23 and 25 lows and getting back to pre-election levels:

From ZeroHedge:
The market's reaction to the dismal jobs data was uniform in its disappointment - while June rate-hike odds remain near 100%, September dipped a little (at just 30%), the dollar dropped, stocks fell, and bond yields tumbled.

'Hard' datas is collapsing again to 13 month lows as soft data catches down..