Risk Asset Rally? A surprise? Yields higher, oil higher, and dollar lower...

Note the continuing relationship between yield, oil, and the dollar. The dollar here is shown inverted; i.e. as the green line representing the dollar index inverted goes down, it means the dollar index is going up. Thus, a risk asset rally would suggest the green line goes up (dollar weakens) as both oil and yields rise. This would fool the current consensus in a big way given the growing recession fears.

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