Treasury yields jump, USD fights back as earnings season hits full stride this week.

Link to slide deck: https://bit.ly/43FXvrC   -

Friday saw a solid jump in US treasury yields, one that the incoming data didn't really justify, suggesting that market players have an agenda here. Could that agenda be the sense that there was an overreaction to the immediate implications for Fed policy from the Silicon Valley Bank crisis? The results and outlook from regional US banks this week should help answer that question. We also look at the bump in US yields helping the USD to reverse sharply from recent weakness and offer extensive commodity market coverage, especially on positioning, crude oil and copper. Today's pod features Ole Hansen on commodities, with John J. Hardy hosting and on FX.

Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here.

Click here to open an account with Saxo   -

Intro and outro music by AShamaluevMusic