It appears hotter than expected PPI has reignited the "rate hikes sooner" meme as Treasury yields surge, EURUSD plunges (to a 1.09 handle) and gold and silver are monkey-hammered...
It appears hotter than expected PPI has reignited the "rate hikes sooner" meme as Treasury yields surge, EURUSD plunges (to a 1.09 handle) and gold and silver are monkey-hammered...
USD is soaring and Gold is not...
And silver even worse...
Charts: Bloomberg
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