Many in general view this bull market as in its final stages the unwinding of the Feds balance sheet starts in a couple weeks and scares the fk out of many while most brush it off as no big deal. (Because they knew it was coming) It was obviously never priced in and Its gonna put pressure on markets if the bond yield rises or worse yet the curve inverts long term its gonna be a problem. Higher bond yields means more money flowing into bonds because people like bonds especially when markets turn bearish believe it or not. Inverted yield curve would be a disaster for both and could trigger some serious financial issues all over again. Therefore market sentiment is slowly turning bearish IMO Always takes long positions more time to unwind or (be convinced) than the short sellers.
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