/biz/ - Business & Finance

>10 year treasury bond is one of the biggest signals of investor confidence. It's at its lowest level in history.

>it means investors, mostly institutions, are scared as fuck that equities are going to crash much, much farther, and are rushing to "safe" havens like treasuries. in other words, "smart money" is afraid we're about to go way fucking lower, so much lower they're willing to drive the 10Y to (way below) historical lows. Expect 20-30% to disappear from the DOW over next 1-2 weeks, minimum