- “Dead Bat Bounce” Dies: Dow Futs Down Over 500 Pts, Treasury Yields Are Tumbling
by Tyler Durden, https://www.zerohedge.com/
Well that re-escalated quickly…
A disappointing lack of detail -despite promises of unlimited spending – appears to have upset the market’s vibe from a day of panic-buying to very technical level of resistance. Dow futures are now down 550 points… And 10Y Treasury yields are down 12bps…
Is anyone really surprised?