Bond Bloodbath & Benign Beijing Stall Stocks On The Week; Bitcoin & Bullion Battered
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Tl;dr: It appears the velocity of higher rates (growth and inflation data surprising to the upside, combined with higher oil prices) along with a nothingburger from Beijing was finally enough to spark some cracks in the AI/Semis-driven equity melt-up armor this week. But, despite bonds worst week in 13 months (and surging rate-hike odds), Nasdaq ended unch. Precious metals and crypto were slammed as the dollarOil
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