The US 2YR has paused its upside momentum giving stonks a chance to have a small rally. Most likely short covering since quad witch caused a gamma unwind. The 2YR would have to break down meaningfully for stocks to have any chance of a decent rally which I don't see happening with the Fed's current rate hike projections.
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“Research your own experience.
Absorb what is useful,
reject what is useless,
add what is essentially your own.”
Absorb what is useful,
reject what is useless,
add what is essentially your own.”
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.