It looks like the rates are rising on a breakneck pace. Money is moving suddenly away from Bonds into stocks particularly value stocks and high dividend stocks.
Negative bond yields look like a pipe dream now.
The bond bubble is bursting and not sure how many passive mutual fund investors will be losing money unsuspectingly. What is the price effect for a 100 basis point increase in 10 year yields?
Are we Set to top 2.5% shortly?