​Traders Sell Everything As Dollar & Yields Soar To 3-Month Highs – Tyler Durden

Traders Sell Everything As Dollar & Yields Soar To 3-Month Highs Stocks dropped for the third day in a row today (longest streak since early Sept) with the S&P’s worst loss in seven weeks, as with a big h/t to Goldman, it seems equity market bulls finally noticed the recent explosion in rates. Treasury yields rose across the curve again today (with the long-end outperforming – 2Y +5bps, 30Y +2bps)… Source: Bloomberg But, the recent 2-sigma move in rates (as we have seen) implies serious drawdowns for stocks… …and the surge in rates (10Y +55bps in the last three weeks)…  — Continue at ZeroHedge News : Read More