Greg Michalowski
U.S. Treasury sells $70 billion of 5 year notes at a high yield of 3.724%
- WI level at the time of the auction 3.717%
Treasury Secretary Bessent: Will start interviewing Fed candidates after Labor Day
- Christopher Waller is the favorite at 30%.
The GBPUSD retraces all of the declines. Key test you HERE at the 200 hour MA.
- Back above the 100 hour MA and approaches the 200 hour MA.
The European indices close mostly lower
- France's CAC is the one exception
WSJ: What if Trump Runs the Federal Reserve?
- That's the plan.....If the Federal Reserve Building is Powell's fault, take it away from him and make it Trump's House
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