Beware Of The Ides Of October (9th)

/ Stockman's Corner / By

It’s probably nothin’!

We are referring to today’s move to above 3.26% on the 10-year UST. The benchmark yield hasn’t been that high since way back on May 4, 2011.

Then again, you might want to beware of the Ides of October (9th). That’s because two recent (and painful) market turning points took place on this exact date.

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