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Free TheoNight Report - for Monday, March 21, 2022 by Brandon Chapman - Hawkish Powell Pummels Bonds as 5-10 Yield Curve Inverts
Fed Chairman Powell pointed to the potential need to raise by 50bp and more aggressive quantitative tightening during a Q&A session today. The result was an inversion in the yield curve with 5-year U.S. Treasury yields rising above the 10-year. Unfortunately, the dollar failed to materially strengthen on his comments and commodity prices continued to move higher, with oil up 7%! (XLE, CCJ, MOS, NOG, OXY, MPC, XLU, HYG, DBC)...
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TheoDark Reports by Brandon Chapman, CMT
What's Hot and What's Not With Oil at $130
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NEW! Recent Media Appearances by Don Kaufman of TheoTrade
Is Bitcoin in a bear market rally? Don Kaufman shares his view on CoinDesk TV...
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Don Kaufman not a fan of share buybacks (NTD News Brief interview)
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