Reply To: Traders Market Weekly: Inflation Obsession in Worsening Liquidity

#45092
Truman
Participant

The S&P 500 futures are down 32 points and are trading 0.9% below fair value.
The Nasdaq 100 futures are down 105 points and are trading 0.9% below fair value.
The Dow Jones Industrial Average futures are down 258 points and are trading 0.9% below fair value.

Treasury yields are at or near overnight highs. The 2-yr note yield is up five basis points to 4.14% and the 10-yr note yield is up ten basis points to 3.71%.

Oil prices jumped following reports that OPEC+ has decided to reduce production by 2 million barrels per day.
WTI crude oil futures, are up 0.8% to $87.27/bbl.