Confirming President Trump's concerns about US national debt levels, and that new policies will likely have limited impact in 2017, Treasury Secretary Mnuchin's comments this morning have sparked buying in bonds, bullion, and marginally in stocks as the dollar gets monkey-hammered.
After the WSJ article overnight provided some USD strength, his comments this morning seemed to dull any strong dollar hype...
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Which is helping spark gold gains...
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And Bitcoin back to record highs...
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But investors are buying both stocks and bonds this morning... (10Y back below 2.40% and 30Y at 3.00%)
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