We know the playbook from last year if the energy squeeze is just getting started. Rising demand/activity in the energy-intensive industry is a negative for the overall asset market in regions with scarce supply. Parity up next?
![Steno Signals #67 – 150bps higher 10yr yields and parity up next in EURUSD?](https://stenoresearch.com/wp-content/uploads/2022/12/Steno-Signals-–-Coverart-b1000.jpg)
We know the playbook from last year if the energy squeeze is just getting started. Rising demand/activity in the energy-intensive industry is a negative for the overall asset market in regions with scarce supply. Parity up next?