The ‘Paradigm Shift’
In the equity markets... decades of events can happen within weeks. We're there.
Market outlook:
Futures DOWN: S&P -113bps, Nasdaq -138bps, Russell -120bps
10-year Treasury yield jumps to 4.30% as global bond selloff intensifies
German bonds collapsed on defense spending pledges, and yields jumped 30 bps in the most significant move. Since the 1990s, selloff spreads to Japan with 10-year hitting 1.5%, highest since 2009.
Oil prices hit …
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