US Wants To Restore Nord Stream & Purchase From Europeans At Steep Discount: Lavrov

"Old Economy Is Taking Revenge": Jeff Currie Warns Fuel Squeeze Is Driving Structural Inflation Former Goldman Sachs commodities chief and current Real Macro head Jeff Currie joined CNBC earlier Thursday to discuss all things commodities, warning that the latest Brent crude rally above $107 a barrel is becoming harder to dismiss as a temporary shock, with renewed Chinese buying and soaring refining margins (US diesel crack spread now $110 a barrel) signaling deeper pressure across physical commodity markets. Currie warned that traders are underestimating an inflation cycle driven by years of...

There's More Juice Left In The Trade For Higher Real Yields Authored by Simon White, Bloomberg macro strategist, TIPS continue to mean revert and risk overshooting to the downside, leading to a continuation in rising real yields. Real yields in the US have had a remarkably good run, with 10-year reals bottoming at about 1.72% at the end of March and rising to near 20-year highs at 2.43% currently. That’s even more remarkable when you consider that oil has on net risen almost 70% over the same period. TIPS were overbought coming into...