Sent global bond yields higher by about 10 basis points and of course bond values lower by up to 2%.
What I find intriguing is that the stock futures selloff, so far, did not materialize in today's trading.
@Sullivan can you give us your end of day S&P projection? I am thinking that by the end of the week we should see those higher yields materialize in a selloff.
What I find intriguing is that the stock futures selloff, so far, did not materialize in today's trading.
@Sullivan can you give us your end of day S&P projection? I am thinking that by the end of the week we should see those higher yields materialize in a selloff.
