10Y Treasury yields are back above 2.90% – the highest since spiking on Powell hawkish comments – and back into what some have called the ‘danger zone’ for stocks…
Last month’s payrolls print (blue rectangle) prompted a spike in yields which sparked a drop in stocks and the collapse of XIV and the short-vol trade…
This time is different… for now.
via RSS http://ift.tt/2FBFvqb Tyler Durden