PM mkt update * Late day reversal may open gates for a pity rally to begin, if AM data cooperates, such a sigh of relief that deflation pressures will allow FED to keep rates at 0% forever.

YR/YR inflation near 0%, we are dangerously close to DEFLATION. 10 yr has fallen as low as 3.3% !!!
Canary is sniffing glue....
D
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