BLOOMBERG Bloomberg Markets October 27, 2022
Cyclical names, caterpillar, honeywell. We will dive into that. The 10 year yield is moving, 394 at 4 00 or 5 00 a. M. This morning. The 10 year yield at 4. 07. A lot of move intraday for the treasury market. Down five basis points from yesterdays session. Its not just the bond market. Across the atlantic the ecb is hiking 75 basis points. Its not enough to give a boost to the eurodollar. That is down below parity. Weakness there and strength in the dollar to that end. Strength of the dollar is not weighing on brent crude. Oil is rallying hard, 1. 2 , trading around 96 to the barrel. When it c...