Stocks Slammed As Treasury Yields Explode Higher
After a positive night, US equity futures are suddenly sliding as Treasury yields spike further.
US 10Y Yields just broke above 1.40%…
10Y Yields are now at their highest since Feb 2020…
30Y Yields are now up over 10bps!
The dollar is also spiking…
And that spike has spooked stocks…
Get back to work Mr.Powell!
Wed, 02/24/2021 – 08:50