ROYAL_OAK_INC

1Yr broke recent highs - Long term this could be dangerous

TVC:TNX   CBOE 10 YR TREASURY NOTE YIELD
Short rates flying (up to 1Yr #yield) Already broke previous highs
Compare to 2 (slightly lower than previous highs) & 10 $TNX (chart tells story)

#Market trading = #inflation higher vs #Fed expectation of 2%

Markets not expecting recession or lower inflation
NO soft landing - party on

But that'll mean eventual HAWKISH FED
Dilemma

#stocks or #economy, only 1

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