A high side CPI print and a weak 30-year treasury auction had US debt yields rising.
And with interest rate concerns came the inevitable weakness in cyclical recovery stocks, and a minor flight over to the 'growth' modern story stocks in big tech.
Gold managed to hold a gain, in what we might dare suspect was and to its inflationary resilience?
Silver fell down lower because of its industrial components most likely.
Jay Powell will be testifying to Congress tomorrow.
There will be a stock option expiration on Friday.
Have a pleasant evening.
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