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Calculated Risk: Tuesday: Housing Starts
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Calculated Risk: Tuesday: CPI
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Calculated Risk: 30 Year Mortgage Rates Decline to 2 80%
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U.S. traders fired up the screens this morning to see a substantial bond rally and stock sell-off that happened almost exclusively during European hours. Rather than push back against the move, the domestic session took things a step farther. . the core is the fact that covid case counts are rising at their fastest pace since January. The pace of the stock sell-off added an additional source of motivation for bonds. [