Feels liked the market just searched for a reason to pull ba...
Feels liked the market just searched for a reason to pull back.
If this truly was either the Ukraine nato news, the fed comment or any other real reason we would have seen a reaction on the bond market or from yields.
Instead we actually closed lower on yields and higher on bonds.
This is the first pullback that is hard to explain in a while which makes me believe that’s all it is.
Macro elements could still further deteriorate which is something you might want to look for as a follow up to the current pullback.
If this truly was either the Ukraine nato news, the fed comment or any other real reason we would have seen a reaction on the bond market or from yields.
Instead we actually closed lower on yields and higher on bonds.
This is the first pullback that is hard to explain in a while which makes me believe that’s all it is.
Macro elements could still further deteriorate which is something you might want to look for as a follow up to the current pullback.
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Ultratech : we just had a pull back