2 yr yield risingBanks reported profits, bank fears are gone, yields rising, lol.
Aside from my index futures indicators (which predicted a red day anyways), rising yields are causing the market to drop. The whole pump this week was about "disinflation", but yields were down on bank fears so now the reverse play, lol.
Gold and cryptos down along with everything besides financials, lol. Makes sense if you think about it, but not something I would have predicted.
These bond yield adjustments usually take a couple of days, so bearish for Monday