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1Yr broke recent highs - Long term this could be dangerous
CBOE 10 YR TREASURY NOTE YIELD
1Yr broke recent highs - Long term this could be dangerous
By ROYAL_OAK_INC
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Feb 15, 2023
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Feb 15, 2023
Short rates flying (up to 1Yr #yield) Already broke previous highs
Compare to 2 (slightly lower than previous highs) & 10
TNX
(chart tells story)
#Market trading = #inflation higher vs #Fed expectation of 2%
Markets not expecting recession or lower inflation
NO soft landing - party on
But that'll mean eventual HAWKISH FED
Dilemma
#stocks or #economy, only 1
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