Stocks Puke As Soaring Inflation Sparks Hawkish Moves In Money Markets
May 12th 2021 9:04am EDT
Stocks Puke As Soaring Inflation Sparks Hawkish Moves In Money Markets US equity markets just got monkeyhammered, with Small Caps and Big-Tech hit the hardest and unable to hold the bounce… Inflation breakevens ripped up near their 2004 highs… Lifting 10Y yields to 1.65%… And money markets are increasingly pricing in a rate-hike by Dec […]
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