Job Openings plunge, Fed admits its credibility is on the line, Crude crumbles...

Stocks managed to hold gains on the day..

(Click on image to enlarge)

Even as VIX rose... 

Risk Parity pressure continues... 

(Click on image to enlarge)

Despite bonds and bullion best post-Minutes... 

(Click on image to enlarge)

Treasuries reversed early losses to end the day marginally higher in yields (10Y worst +1bps)... Bonds have traded in a very narrow range for 2 days... 

(Click on image to enlarge)

While bonds held their post-Minutes gains, the USD bounced back... 

(Click on image to enlarge)

The USD Index kept on pushing higher... (the 7th up day in the last 8) 

(Click on image to enlarge)

Sterling faded back a lot of the kneejerk Brexit debate gains as UK Gilt yields spiked higher still... 

(Click on image to enlarge)

To over 7-month highs... (the USD is up 3.6% YoY now- the biggest annual rise since January) 

(Click on image to enlarge)

Disappointment from OPEC (and NOPEC) sent crude lower (ahead of tonight's API data) but USD strength had less effect on PMs today... 

(Click on image to enlarge)