Here the sept future on the US Treasury 10yr paper.
The Sept has made a lower low and the Dec 10yr Treasury is significantly scoring a lower low (ie rates made a new record high across the futures this am!). The spread to US$ high yield is at extremes. If the mean reverts there will be blood in equities. Be very careful right now whilst these conditions persist. In my opinion. Rich
(2 votes, average: 5.00 out of 5)
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