2.063 %
is where TNX peaked today.
The melt-up guy (David Hunter) had said:
Contrary to consensus, I continue to forecast the 10yr to 1.50% in the next couple of months before it rises to 2.50%.This drop in rates will help propel growth stocks during the melt-up but will hurt financial stocks which could fall here even though the market is rising sharply.
So is the game-plan now to bring TNX down close to 1.5, then call off the war drumbeat?
If the drumbeat goes on for even a week, will that bring Nasdaq to a double bottom of Jan 24 lows?
I bought call options on the TLT today. Nice bounce off the bottom. Could be a big tun