Yield reversal results in late-day Equity recovery

The Equity decline over the last couple weeks has directly coincided with both US Dollar and TNX pushing higher.  This looks close to reversing now as Treasury yields approached former peaks today and made a fairly prominent about-face. 

Importantly, very little overall damage has taken place with trends in SPX and NASDAQ, and both are largely near areas hit in early February and remain trending up within uptrends from last October.

Interest...

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