An idle mind is the devil’s playground and sadly things have been far too idle recently. And boy is the devil playing…yesterday’s surprise hike from the BoC lent credence to a similar move by the Fed (acc to some). This in turn helped further fuel a move into the value/cyclical set, culminating in the best 5-day performance for the R2K in 2 years. Today? We got jobless claims amidst a relatively dry economic board and the ‘hike’ in that data saw a slump in yields across the board, with tech res…
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