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Thursday, 02/25/2021 9:50:53 AM

Thursday, February 25, 2021 9:50:53 AM

Post# of 7895
Tech Tumbles As Yields Surge, Meme Stocks Explode

It's not just the surge in meme stocks that is a case of deja vu all over again: the big action this morning is in another closely watched asset - the 10Y - where yields have soared by almost 10bps, rising from 1.38% to a one-year high of 1.46%, rising just 4bps shy of the closely watched 1.50% level which Nomura predicts will spark an equity selloff.

"Inflationary signals, including a surge in commodity prices, are higher than we have seen in years,”


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