PremiumOil Spikes On Nukes & No Deal; 'Headline Fatigue' Hammers Bonds, Big-Tech, Bitcoin, & Bullion
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Tl;dr: A risk-off tape dominated by what Goldman Sachs traders called 'headline fatigue' with activity low in stocks as 'no deal' and the threat of nukes left traders de-risking, de-grossing, and dumping everything as dollar shortage fears re-emerge. Oil (up), yields (up), and stocks (down) remain 'one trade' with the dollar higher and bitcoin and bullion battered on the day. Traders remain anxious ahead of tomorrow night's Trump deadline - TACO anyone?
