Whenever there are large moves in US equities during a month you need to pay attention to rebalancing flows at month end. What complicates this month-end is that both stocks and bonds (yields lower) h
<h2>Flight to Safety Defining Markets</h2> <p>Global equities fell after Fitch’s downgrade of US sovereign rating. Yields climbed in the wake of unexpectedly strong ADP, with t
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