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Treasury yields were higher as traders awaited the latest FOMC minutes due later this week.

Well, that was no fun… I have been testing negative since the weekend; maybe it’s the availability heuristic talking, but I have been hearing about (many? some?) other people catching it. (See this overview of the surge) The fog is annoying as is the FOMO for several events I had to miss. The one……
Shipping traffic in the Strait of Hormuz sank to a new low as a ceasefire between the U.S. and Iran is set to expire on Monday with no deal in sight.
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