12/03/18

Global Markets Rally, S&P Back Over 2,800 On "Goldilocks" Mood Ahead Of Treasury Deluge



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Global Markets Rally, S&P Back Over 2,800 On "Goldilocks" Mood Ahead Of Treasury Deluge
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The "goldilocks" mood that was unleashed after Friday's jobs report (high growth, low inflation) has spread around the globe, sending Asian and European markets higher as trade-war concerns took a back seat to economic optimism. The dollar slipped and Treasuries held strady even as the US Treasury prepares to sell $145 billion in debt today (including both 3Y and 10Y Paper), while most commodities fell.

"Friday's U.S. employment data was about as perfect a set of figures as you can ....

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