Financial press, just like Corporations, are short-sighted: 10 year yield overnight hit 1.74% lol Oh and I would add The Fed last 20 years or so are just as short-sighted, make that blind, moving from one fire to another. Fires ... that they've created.
Hold on guys...we in for a bumpy ride this morning. Tower says some upper currents with a lower draft range...might be turbulence, we gapped below that 13,000 line
Wowwwwwwww Wait till we get to 2%%% However I know exactly what's going to happen. The 10 year is magically going to drop back below 1.5 in the next week or so and nasdaq will just erase all losses .... Yield | 8:52 AM EDT 1.744%+0.103
Careful, I can almost guarantee the 10 year will drop back down below 1.50 and the nasdaq will rally higher than what it lost on the downside. So nasdaq will rally back to 14k on any significant drop because money will rotate out of non tech and go directly to tech once this happens.