Maxim energy/oil analysts hold an analyst/industry conference call Analysts, along with Rapidan Group Founder Bob McNally, discuss crude oil on an Analyst/Industry conference call to be held on April 14 at 1 pm.
Treasury Action: post-data swings Treasury Action: post-data swings have sent stocks and yields lower after retail sales came in just shy of median forecasts, while core PPI was above average. Those knee-jerk moves could be partly the "good is bad" view vis-a-vis the Fed, especially after the uptick in core PPI, though that makes the drop in yields harder to explain. The T-note yield reversed from 1.93% session highs to lows of 1.88%, and clearly the "whisper number" on the retail report was higher. The 2s-10s spread has narrowed 2-3 basis points to +137 bp. Look for some mean reversion after the dust settles.