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T-note futures took out lows going back to 2011 last night, extending the free fall that began just two months ago.
It’s not just the price action of Treasury futures that has us spooked; it’s also what some key commodities are telling us.
How long will it be before the current 3% plus yield in 10-year Treasuries starts to become attractive to stock market investors who are giving up 1 to 3 percent per day during the current selloff?