I am long ES 2770.5. The order book is severely distorted, so I believe this is a very-short term bottom.
Inflation"could" be on the way??? It's here and always has been here, it's taken the markets this long to figure that out???? Stock plunge may not stop until interest rates stop rising A rapid jump in Treasury yields has triggered the worst week for stocks since just before Donald Trump was elected president, and strategists say the sell off could continue. The sell off followed a spike in yields, which temporarily took the 10-year Treasury yield to 2.85 percent Friday. Yields, which move opposite price, jumped after the January jobs report contained the best wage growth since 2009, a warning that inflation could be on its way. Patti Domm | @pattidomm Published 1 Hour AgoUpdated 21 Mins AgoCNBC.com