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RISK ON.A big global rally that really began yesterday afternoon continues.
Everything is probably higher than when you looked the last time.
In Europe, peripheral equities are up big, after a report about China doing more bond buying. Spain is up 1.2%. Athens is up 1.4%. France is up 0.45%. Germany is up 0.38%.
Commodities: you name ’em, they’re up.
US futures: Same.
Not surprisingly, some notable peripheral bonds are rallying. See the Spanish 2-year here.