Those concerns contributed to market unease, but Bianco Research President Jim Bianco says the market's next move all comes back to one central theme: interest rates." on Monday he's looking to the Treasury market for evidence as to whether this sell-off will worsen or whether it's just a blip.
A move lower in Treasury yields would suggest a flight to quality bid, meaning investors are piling into bonds over stocks as the S&P 500 falls, he added. He said the 10-year declining to a level around 1.25% would bring that sense of relief.
TradingNation Don´t worry, we can count on Jerome...
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