***INTEREST RATES EXPLODING HIGHER*** *Is a 50 bps rate hike coming!?!?!? Today's action: +1.19% on the 5-year +1.19% on the 10-year +1.10% on the 30-year <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$fvx,uu[w,a]dacayyay[dd][pb50!b200!f][vc60][iut!lb14!lh14,3]&r=6709> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$tnx,uu[w,a]dacayyay[dd][pb50!b200!f][vc60][iut!lb14!lh14,3]&r=9623> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$tyx,uu[w,a]dacayyay[dd][pb50!b200!f][vc60][iut!lb14!lh14,3]&r=0666> Meanwhile the markets are selling off... -.33% on the S&P 500 -.48% on the Dow Jones Industrials -.78% on the Nasdaq Composite <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$spx,uu[w,a]dacayiay[dd][pb200!b333!f][vc60][iut!lb14!lh14,3]&r=4062> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$indu,uu[w,a]dacayiay[dd][pb50!b333!f][vc60][iut!lb14!lh14,3]&r=8425> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$compq,uu[w,a]dacayiay[dd][pb50!b333!f][vc60][iut!lb14!lh14,3]&r=5559>