Everyone blamed yields for the stock dump — but today both US10Y and US30Y are down over 1%, $DXY is down too, and stocks still tanked. So what's really driving this?
Maybe oil. Maybe something deeper. Not a macro guy, but the charts are clear: 10Y and 30Y both printed reversal candles this week. If yields keep dropping from here, stocks should catch a bid.
Watch the bond action — could be the relief trigger everyone's waiting for.
Maybe oil. Maybe something deeper. Not a macro guy, but the charts are clear: 10Y and 30Y both printed reversal candles this week. If yields keep dropping from here, stocks should catch a bid.
Watch the bond action — could be the relief trigger everyone's waiting for.