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It’s Falling Apart: Yields Hit YTD Lows, Stocks Fall As Reality Sets In
Ok, it's all falling apart now.
As Bloomberg notes, "10Y futs just rose more than 10 ticks on heavy volume with the price topping the earlier session high 127-13 [while] S&P futures are continuing to pare gains from the cash open."
It looks like between jitters about Hurricane Irma, a sense that another ICBM launch is just around the corner in North Korea, indeterminacy about the future of the Fed exacerbated by last night's news that Trump is no longer considering Gary Cohn, and this morn
Oh my. (hands to face) The sky is falling. No, this is the way sh”t hits the fan.