PLUNGING YIELDS, OIL CHECKED AMID BOJ JOLT

A look at the day ahead in U.S. and global markets from Mike Dolan. Plummeting bond yields and oil prices clawed back some of the week's dramatic falls on Thursday, while a burst of speculation about a Bank of Japan policy tightening this month cut across the interest rate optimism and catapulted the yen higher. The size and slightly erratic nature of this week's macro market moves may speak a little to yearend markets both squaring off books and jockeying for position for 2024.

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