The Market Only Warns Twice (Treasuries Edition)I repeat and will repeat again: there will be no third warning. This is the most exciting time in the history of the stock market since its inception. The crash in Treasuries (completely unexpected, as usual, despite the two warnings administered so far) will cause SPX to crash to 1800 all the while the 10Y yield will skyrocket to 4..5%.
When wave 3-of-3 in Treasuries begins, it's almost too late to do anything. The panic selling will be overwhelming, and there will be no place to hide (except the Dollar, and... the Yen).