Despite what seemed somewhat more hawkish than the July Statement, Fed Minutes sparked a dovish reaction sending the USDollar reeling, rate hike odds falling, and in turn bonds, gold, oil, and stocks higher…
The initial reaction seemed hawkish… (Oil helped by the ubiquitous NYMEX close ramp)
As The Dollar dropped so the entire yields curve also fell..
via http://ift.tt/2bBNoh0 Tyler Durden