Following this morning’s PMI report, a reading of 58.4, over 2 points higher than the previous reading of 56 and the top of the Econoday consensus ranges for both Manufacturing, 57 versus 54.7 & Services, 58.7 versus 56.5, markets are in a risk off & wait and see mode as...Wooden blocks with the word BONDS spelled out on top of money by Worawith via Adobe Stock
Markets in Risk Off Wait and See Mode Following Hot PMI, 10Y Yield back above 5%, as Financials, Currencies and Metals Trade at Lows, Energy at Highs, Amid Stronger Dollar, Rates & Oil
Written on 09/23/2026