Update: Reuters reports a White House spokesperson confirms Yellen is at The White House for lunch with Gary Cohn - nothing out of the ordinary.
Yellen odds fell back to 24% from 30%.
* * *
You know it's a quiet day when...
Gold is up, USDJPY down, TSY yields tumble after reports that Janet Yellen is back at The White House following her 30 minute meeting with President Trump yesterday...
Bloomberg reports:
- *YELLEN IS SAID TO BE BACK AT WHITE HOUSE, PERSON FAMILIAR SAYS
- *YELLEN APPEARANCE FOLLOWS DAY AFTER HER TRUMP FED INTERVIEW
Gold, Yen, and Bonds jump...
Perhaps it's time to turn the algo sensitivity dial down from '11'.
And Yellen's odds just exploded...