Here are seven (or so) links at 7AM Eastern.  We will see you later with the daily linkfest.  Good luck out there.


Despite a big rally, high yield bond spreads are still not at historic lows.  (WSJ)

In praise of ProShares Ultra VIX Short-Term Futures ETF ($UVXY).  (VIX and More)

Bloomberg is getting a data makeover.  (FT)

Gas prices

“Being long energy is getting to be a crowded trade.”  (Peter L. Brandt)

We have collectively shifted gears going from fearing “Greece” to “gas prices.”  (Sober Look)

Oil prices as a “global bottleneck” that throttles economic growth.  (Tim Duy also Econbrowser)

Week in review/preview

The stock market often goes places market participants don’t expect.  (Dynamic Hedge)

Where markets stand at week-end.  (Global Macro Monitor, ibid)

The economic week in review.  (Bonddad Blog)

The economic schedule for the coming week.  (Calculated Risk)

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