After last Thursday and Friday's hard sell off in the bond market, well today bonds are on a WILD RIDE.
"They" have got to stabilize bonds here, or else the stock market will react to the downside which could be significant.
"They" will do all they can to prevent a stock market slide, as "they" are using the stock market as a prop as well as a distraction from the fact that:
- We have a money velocity which remains near historic lows and
- A yield curve which continues to flatten out.
Both of which are pointing to an economic slowdown.
Watch a chart of The Bond Market (same as the one above) in REAL TIME, and stay ahead of the market.
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