BLOOMBERG Bloomberg Markets Americas July 13, 2024
Some relatively bullish guidance. People still buying into the treasury market. Going up again, Third Straight day. I want to look at the skew index. This is the tail risk on the s p 500. It is holding at the 128 level. This is above the level we were at in early summer. This gives you some sense of why this market remains rangebound. A little bit of nervousness still out there. 600 trading at 392. They are still talking about breakout. His swansong. Arrivederci, draghi. Weak, particularly out of germany. Well. Ra getting hit as it is cutting way more than anticipated today. We have 250 basis ...