US equity market roundtripped to practically unchanged but the biggest annual economic growth since 2015 prompted a spike the dollar and US Treasury yields…
Stocks shrugged…
The Dollar spiked…
And 10Y Yields have well and truly broken out of their recent triangle range…
As the market’s expectations for 2019 rate-changes shifted hawkishly… (but remains uber-dovish at -11bps)
via ZeroHedge News https://ift.tt/2SAux6I Tyler Durden