The bond yield has taken its first dive to the 0.88 level, and according to the ever-so-fishy harmonic shark pattern, we’re bracing ourselves for a dramatic tumble at the 1.138 level.
Now, what does this mean for the stock market? Well, think of it as a domino effect but with a flair for drama.
Investors might start sweating over higher borrowing costs, causing a ripple of caution through equities.
Now, what does this mean for the stock market? Well, think of it as a domino effect but with a flair for drama.
Investors might start sweating over higher borrowing costs, causing a ripple of caution through equities.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.