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In this episode, Nik delivers an economic and markets update to start the trading month of June. With a weak ISM manufacturing release on Monday morning, Treasury yields and the dollar declined, the latter breaking an important trendline. Nik discusses a record in SOFR daily usage, a terrible day in crude oil prices, and looks at Redfin housing data to identify a some trouble in inventories.
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Nik Bhatia's Twitter: https://twitter.com/timevalueofbtc
Research Associate Joe Consorti's Twitter: https://twitter.com/JoeConsorti
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