The confusion reigns. The USD (aside from against the EUR) is bid and Treasuries are being sold along with precious metals in a continuation of yesterday’s taper-tantrum. However, stocks (and crude oil) are surging. As JPY’s implosion of moar QE from Japan expectations lift carry traders back from the grave.
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via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/aUvInJqaBfk/story01.htm Tyler Durden