Quotes Bearish flags Head & Shoulder? Megaphone chart? Bubble Chart? Markets & Macro news 10y yields and yield curve rising fast Higher yield = lower bond prices, so far following a normal pattern However, TLT is heavily sold And dividend yield now at par with 10y The most vulnerable stocks are the long duration growth tech stocks Which is why this could mark the top of the Nasdaq decade long bull market Higher yield = higher vol Bitcoin profit taking as liquidity call run high, but within a long range Rising bond vol = rising equity vol Rising vol = rising correlation Also interesting to note that excluding ETFs, there are more stocks in the US market that at the beginning of the decade: more supply Indeed, inflation is around the corner Tail risk Yield differential could trigger appetite for USD Themes, Sectors & Corporate news At least one sector likes rising yields Gold value declines as negative yield pie shrinks IATA says recovery in travel will be slower ...
