Yesterday’s NFP payrolls figure sparked a sharp reversal in risk-assets by mid-morning. Equities had shown outsized strength into, and through the release but ended the day lower. Treasuries posted similar price action, with longer term bonds posting a pump-fake break out before setting lower. Rate cut expectations through 2026 were...Offshore drilling rig by nielubieklonu via iStock
Read full articleRisk Assets Reverse After NFP as Crude Holds Its Bid
Written on 02/12/2026
Bill Baruch

