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By Chris Becker
Risk sentiment continues to be all over the place with Wall Street falling on Friday night, despite a strong US jobs report that saw over 225K jobs added in January, although of course average earnings remain anemic. The market responded with a higher USD, lower bond yields as the 10 year Treasury fell to 1.57% in a new low, with almost no chance of a more easing by the Fed in March’s meeting. Combined with the falls in stocks, this sets the sentiment for the month ahead, summed up in one word – volatility.
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