๐ Market Alert: JPM Takes a Heavy Hit
Bond yields were extremely volatile today โ
the 10-year kept bouncing around 4.18%, while short-term yields lagged behind.
Globally, many central banks are near the end of their rate-cut cycles, pushing term premiums higher and limiting upside momentum for US Treasuries.
๐ Result: JPM chart shows a sharp intraday dump, reflecting broader rate-market stress.
Whatโs your outlook here? ๐๐