I’ve been waiting for when US equity markets would cue into what’s happening in bonds. It looks like that time has come.
The S&P 500 has fallen to a session low, down 14 points to 5290. Friday’s entire rally is looking vulnerable with yields at the highs of the month and one single stock trying to carry the whole market.
This article was written by Adam Button at www.forexlive.com.
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