Friday, February 4, 2022

That Horrible Crashing Noise You Just Heard? That Was...

....the 10-year treasury futures going decisively below 127.00 resulting in a yield of 1.9140 which is a new high for this go-round. i.e. since the covid, December 2019

I would expect U.S. equities to follow the 10-year post-haste.

DJIA -103.75 (-0.30%)

S&P500 +4.76 (+0.11%)

It's a pretty big deal.