The U.S. 2 year interest rate swap is finally breaking higher from its long term base (last chart). This is obviously very bullish for the U.S. dollar and may weigh on commodity, energy and equity markets going forward, and could also explain the sudden decline in the CRB Index over the last 3 months.
Disclaimer: This information was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.