101.50/53 as I type, chewing through the offers at 50 and triggering a few stop loss buyers. But, as I said earlier, the stops here are mixed in with more sellers so we aren’t seeing a rapid move higher.
More sellers on the boards 101.75/80 and through to 102.00
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ArcelorMittal cashes in on Vallourec stake, realizing 10% gain & returning $667M to shareholders via buybacks.
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30-yr Treasury yields hit 5.19%, highest since 2007. Inflation fears spark bond selloff, dividing investors.
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