Learn more

Morning Summary: A new week has begun, though I don’t think all that happened last week will be forgotten any time soon. Sunday night through early Monday morning found the US dollar index firming again, the greenback adding as much as 0.47 and sitting near its session high at this writing. As one would expect given the continued firming of the dollar, US Treasury futures were under pressure to start the week. As I talked about last week, this combination both does and does not make much sense. Based on the idea US inflation is going to heat up again due to more tariffs and trade wars, the arg…