A bearish conviction on black gold
Matein Khalid It is no coincidence that the yield on the 10 year US Treasury note plunged 60 basis points to its current 4.34% and the US Dollar index slumped to 103.40 as successive benign October inflation data and dovish central banker comments has led to a pivot in Wall Street interest rate expectations, with the consensus now projecting two rate cuts at the March and May 2024 FOMC […]