Since the last Index futures intraday update, nearly all have gone negative, some were in line or slightly leading with no positive divegrence, they are clearly going negative and this is verified in the averages as well (SPY, QQQ, IWM).
Meanwhile 30-year Yields have tumbled below 3% in a flight to safety trade. same mentioned last night.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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