US markets giving way higher after oscillating in a narrow range in typical, muted Monday trading. We ultimately ended in the positive for all major indices in a tight pack up roughly 30bps between the S&P, Dow and Nasdaq, but it was the small caps that were the true winner with Russell2k up over +1%. While there does not seem to be a real consensus around what the catalyst was for the rally higher in Equities in the final two hours of trading, we could look at Treasury yields and the fact th…
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