Treasury yield plunge looks bullish for Equities

The sudden reversal seemed to catch many off guard at a time when many were convinced that Equities and Treasuries had begun new bear trends.  The sudden About-face in Yields  looked particularly negative technically for 10 and 30-year Treasury yields, while Equities reversed sharply off their lows, with SPX gaining over 50 points off the lows coinciding with this rollover in Yields.

Overall, SPX requires a move back over 4060 along with TNX getting un...

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