Inception

The trend is breaking down, my friends. Thank Bullard for his Thursday 2/10 100 bps by July comments. Thank the news on Friday about impending doom in Eastern Europe. Everyone thought we had until at least the end of the Olympics.

S&P500 (SPY) failing to hold on a weekly basis (EMAs rolling over), and critically breaking down on an intraday basis. Cash is a position in this market.

US10Y yield and the price of WTI have been on the radar for a while now. 10Y weekly and oil monthly below. Obvious questions: does the 10 yr consolidate at 2% until the next Fed meeting? How long does it take oil to get to 100, and then what?