Watch this weeks review here: https://youtu.be/BaJ0NK2cZdc
Major Headlines: GDPNow turns negative for Q2, more sanctions on Russia in latest economic escalation, worst first half for the US stock market since 1970
Stocks and commodities still showing weakness over the week, but bonds rally on recession speculation.
Strong bids in MBS markets in particular.
New job postings in the US on Indeed.com decline for the whole of June.
Flattening yield curve continues.
Junk spread legs up again.