but the 2 yr. is over 1.6%
Wasn’t too long ago when the 10 yr. was 1.6% – short term bonds are already raising rates for the Fed. I’d think that indicates at least 5 hikes of .25 or however they do it to be up 1.25%.
So, it’s Friday. Always have to ask the question, will the banksters allow the SM to be down big going into the weekend?