Greetings,
The United States: Markets are pricing in more substantial Fed rate cuts for 2024 (2 charts).
![](https://thedailyshot.com/wp-content/uploads/US-2yA2311290448.png)
![](https://thedailyshot.com/wp-content/uploads/US-2yB2311290448.png)
![](https://thedailyshot.com/wp-content/uploads/US-2-ST2311290448.png)
Japan: JGB yields are following Treasuries lower.
![](https://thedailyshot.com/wp-content/uploads/JP-10y2311290448.png)
Commodities: Chicago milk futures are under pressure.
![](https://thedailyshot.com/wp-content/uploads/CO-Milk2311290448.png)
Energy: US natural gas futures continue to tumble.
![](https://thedailyshot.com/wp-content/uploads/EN-NG2311290448.png)
Equities: Long-only funds have been reducing their beta to the market.
![](https://thedailyshot.com/wp-content/uploads/EQ-Long-only-fundsQ-beta2311290448.png)
Food for Thought: A faster way to board an airplane:
![](https://thedailyshot.com/wp-content/uploads/VTF-A-faster-way-to-board-an-airplane2311290448.png)
Edited by Josh Oldmixon
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