MBCC TH 7th Jun'24 - "Oops, Fed has lost it, NFP beat and they have no AMMO to cut, what does this mean for Bonds/Yields? What are Commodity demand signals telling us?

The long awaited NFP beat much higher than expected. The entire world NEEDs the Fed to cut but they cannot just yet.

We break it down and why Bond yields are so important and what is happening in Copper, Silver and Oil. (FYI OPEC has no clue!)