The Bond Market is selling off late in the morning today
It's 11:47am Eastern Time as I'm writing this on January 31st, 2018.
This morning, the Bond Market opened decidedly higher, as discussed by our good friend Greggory Mannarino:
However, that opening high has quickly subsided and we are now having the Bond Market selling off:
Of course the Bond Market going down, means the 10 Year US Treasury bond yield is again going higher, just by 1 basis point so far. As this (if this) continues, I would expect to see the Dow Jones gains which are at tripple digits to melt off and perhaps even go negative. Yesterday was a massive sell off of all asset classes.
Keep an eye on this my friends. Get into alternate assets. Physical Gold and Silver is not a bad move at this juncture, IMHO. Cryptocurrencies are probably a good idea as well, maybe some bitcoin, maybe others. I would definitely hedge all bets at this time and don't go all in on one single asset.
Good luck my Steemit friends!