Weekend At Bernie's In Iran As IRGC Now Run The Country, Use Strait As Toll Road

Weekend At Bernie's In Iran As IRGC Now Run The Country, Use Strait As Toll Road By Ben Picton, senior market strategist at Rabobank Mine, Yours Major US, European and Asian equity indices all closed in the red yesterday as Brent crude prices again breached the $100/bbl level. Ten year sovereign yields were sharply higher for most countries (Sweden being an exception), with UK Gilts conspicuous for posting an 8.7bps increase. Short end yields rose even faster as markets priced i...

By Tyler Durden