Thanks for sharing! This is super insightful. I forgot that bonds could influence the USD and indirectly crude. Am curious what the wider trend of this bond is like.
scheplick
⋅
Very interesting
TayFx
⋅
@scheplick, The bond market and stock market alike seem to think that Biden (6 months forward) will provide stimulus to the economy and handle covid better. That's my take on it. Trump failing to denounce white supremacy on national TV could of been his nail in the coffin. I stand a-political btw. Source is: MNI Chicago September Biz Barometer surges to 62.4, the highest level since December 2018
TogamiTrader
⋅
@TayFx, One thing to note is a Biden Presidency might make the stock market return to being aligned to fundamentals which would detrimental. On the other hand, it would buff the US dollar.