For the third day in a row (forward of tomorrow's month- and quarter-end and the massive PCE print), bonds 'rested' whereas shares went wild (this time up... after which again down). Gold rallied...
Tl,dr: they have been tied to Silver Capital. Silver Capital misplaced their asses over the FTX implosion. Additionally, Fed raised rates of interest. Making the banks bond holding value much less. A number...
