Below is a chart and excerpt from today's Early Look written by CEO Keith McCullough. 

I spend LOTS of time on those Institutional Client calls… and while I can’t capture all of the thoughtfulness embedded in these real conversations… I’ll try to summarize WHY people think Bond Yields keep signaling bullish TREND:

A) The Fed is hawkish and tightening
B) The Fed doesn’t understand the liquidity side of QT (Quantitative Tightening)
C) The Fed will keep tightening until inflation slows

Of A, B, and C only A) is 100% factual.

CHART OF THE DAY: Liquidity Coming Out Of The US Financial System  - cod6