$SPDR S&P 500 ETF (SPY.US)$ Fed: ‘some signs of stress among low-moderate income households’. Also Fed: Early signs of pressure in Money Markets. Also Fed: Encourage use of Standing Repo Facility. Market is highly complacent indeed.

$SPDR S&P 500 ETF (SPY.US)$ When bonds trade like equities, some things will break in the shadows. The only unknown is when.

$SPDR S&P 500 ETF (SPY.US)$ Death spiral. JGBs will react tmr. For US, $9T debt waiting to be refinanced at such yields + more deficit from BIG BEAUTIFUL BILL + Golden Dome. Let the implosion begin.

$SPDR S&P 500 ETF (SPY.US)$ Even bloomberg is down!

$SPDR S&P 500 ETF (SPY.US)$
Bad data: “It’s Biden”
‘Good’ data: “Art of the Deal”
EAT THE TARIFFS!
$USD (USDindex.FX)$
$U.S. 30-Year Treasury Bonds Yield (US30Y.BD)$

$SPDR S&P 500 ETF (SPY.US)$ Mind games lol. Several sources said US may cut tariffs to 50-60% while Trump posted “80% seems right”.. so that when he turn it down to 50% on Mon, he can call it a BIG WIN

$Boeing (BA.US)$
$SPDR S&P 500 ETF (SPY.US)$
Lutnick: UK will buy 10 billion worth of Boeing planes

$SPDR S&P 500 ETF (SPY.US)$ US-UK announcement will be “limited in scope, heavy on future commitments and leave in place the 10% universal tarifs” - Big beautiful trade deal?

$SPDR S&P 500 ETF (SPY.US)$ UK runs a trade deficit with US. So what’s the deal? . Just last week, Bessent said priority is for ‘Asian trading partners’. IMO this may be a desperate attempt to ‘print a deal’ to support the market after Feds’ no-data-no-cut, and shutoff questions that have been bombarding the white house (when can we expect a deal?)