George Gammon explains what’s happening (in Three Easy Steps)
Comes with a #SDT (Stiff Drink time) warning – only this time, make it a double.

I could be wrong, but it seems that lately:
when the Stock Market panics and sells off, the LT Bond market Rallies (interest rates stabilize or fall)
when the Stock Market attempts to rally, LT Bonds are sold, or sold short. (interest rates rise)
So is the Bond market holding risk assets at bay, not allowing any further bubble blow off.
Is it really possible that the Bond market doesn’t want to see anymore of this QE nonsense? I guess we’ll find out.