"Escalating..." Whocouldanode that exploding T-Bill yields (which have been doing so for a week) would suggest more anxiety? Tempest in a teacup...
S&P 500 futures back at 1-month lows...
as Cash S&P 500 touches its 100DMA and the crucial 11-month trendline.
as VIX surges above 20%... (and the VIX term structure flattens to its lowest of the year)



