1. There’s already a down trend line in the
#SP500 that these weak rallies can’t seem to break. It seems as though the top is in.
US Treasury Yields, highest since…
30-Yr: 2015 pic.twitter.com/6aq9BnS9dX
— Charlie Bilello (@charliebilello) February 22, 2018
So this might matter… pic.twitter.com/tLUKRvvTQq
— Nathan Joel (@thkglobalmacro) February 21, 2018
10 year treasury yields are now just below 2.95%. For those who think 3% is the ceiling think again. Once we move above 3.25% i think the move to 4% will be quick. If the stock market hasn't crashed by then, or the Fed has not changed policy, the move to 5% will be even quicker!
— Peter Schiff (@PeterSchiff) February 21, 2018