Downtrend sell short SP500 NASDAQTraders, both the 3-month Treasury Bill rates and the S&P 500 are showing signs of a correlated downtrend, similar to patterns observed in previous market downturns like 2002 and 2008. Treasury rates appear to have peaked and are now starting to drop, which historically signals a shift to a risk-off
About 3-Month Treasury Bill: Secondary Market Rate
Rate hike indicator: the 3 month treasury The reason for Friday's massive market selling is said to be because of the Fed's message that the rate hike is coming.
Seems that it may just be broad market selling after a period of complacent low VIX and broader overvaluation.
For confirmation that the rate hike is coming I'll be watching the
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