Quote from Spectre2007:
10 year yields above 2%,...
gee wiz .. GDP comes in weaker, how convenient, ..if participants sense the impending growth, the yields on the 10 year could spike very fast.
the tear in equities up, is putting pressure on 10 year yields to rise, means equities will have to correct to take pressure off yields.
if yields spike in TYs, will be much harder for government to finance future debt at higher yields.