Thread by @tdarling1

Hello Tuesday!

Yields are 📈 across the curve and the curve itself flattens. Futures indicated ↘️ with tech leading the way.

Let's dig into the 🧮!

Asian indices closed mostly ↘️

$NIKK 28257 -0.25%
$SSEC 3570 +0.8% ⬅️
$TWII 18378 -0.8%
$HSI 24113 -0.45%
$KOSPI 2864 -0.45%
$IDX 6614 -0.45%

Australia ↘️ slightly
$ASX 7409 -0.1%

India ↘️
$BSE 60712 -0.95%

Europe ↘️ and giving back yesterday's gains - and then some - at the open

$DAX 15708 -1.4%
$FTSE 7544 -0.9%
$CAC 7115 -1.2%
$AEX 767 -1.75%
$IBEX 8778 -0.7%
$MIB 27378 -1.1%
$SMI 12500 -1.05%
$MOEX 3474 -2.45% ⬅️🪆

$VSTOXX 20.04

🇺🇸 futures 🐒🔨'd ↘️

$ES 4609 -1.1%
$NQ 15334 -1.8% ⬅️
$RTY 2133 -1.3%

$VIX 21.55 🔺🔺

Metals mostly ↘️

$GOLD 1809 -0.4%
$SILVER 22.843 -0.35%
$COPPER 4.388
$PLAT 961 -0.35%
$PALL 1877 -0.05%

$ALI 3014 +0.55% ⬅️
$ZINC 3554 +1.3% ⬅️⬅️

Hydrocarbons ripping ↗️

$WTIC 84.39 +1.31
$BRENT 87.28 +0.95% ⬅️ cycle high
$GASO 2.442 +0.95%
$NATGAS 4.297 +0.8%

Where's Joe talking it down and releasing his reserves at a discount?

Grains are ↔️

$WHEAT 747 +0.8%
$CORN 591 -0.7%
$SOYB 1354 -1.05%
$SUGAR 18.66 +1.9% 🔨

☕️ 240 +0.35%

The world reserve currency ↗️ as the market tightens for the Fed

$USD 95.33 +0.18%
$EUR 1.139 -0.11%
$GPB 1.362 -0.15%
$AUD 0.7189 -0.3%
$USDJPY 114.63 +0.03%
$USDCHF .914 +0.13%
$USDCAD 1.252 +0.04%
$USDRUB 76.62 +0.68% ⬅️🪆

Crypto ↘️↘️

$BTC 41987 -2.%
$ETH 3168 -3.25%

UST yields ripping ↗️ to cycle highs
10/2s to 78.9 BPS 🔻
20Y inverts with the 30Y

2Y 1.036
5Y 1.628
10Y 1.825
30Y 2.143

Global yields ↗️ across the 🌍
FRA to 0.368%

Is this the beginning of the end for risk parity?

Bonds ↘️ causing equities ↘️

Where's your hedge, bro?

Watch for the 🐫 and have a super profitable 💰 Tuesday!