One-by-one the no-brainer quantitative easing plays (gold, 10-year bonds, 30-year bonds, the Swiss Franc, etc.) are beginning to succumb.
Earlier we mentioned the 10-year breaking through its downtrend.
Gold is looking really ugly as well right now.
And will the yen follow suit? After hitting an all-time-historic-high against the dollar yesterday, it suddenly looks vulnerable as this chart from ForexLive suggets:
Kyle Bass may finally get a discount on his mortgage.
As for equities… they’re down, but not wildly so. 40 off on the Dow? Snooze.