Editor's note: This is an excerpt from Hedgeye morning research. For more information on how you can become a subscriber click here.
The 10-Year U.S Treasury note looked at last week’s trifecta of Japan/Europe/China stimulating and saw exactly what it was ... global #GrowthSlowing.
For the record, the U.S. ten-year treasury yield (which has been our team's top, non-consensus call this year) remains in crash mode at 2.33%. It's down -23% YTD.
We still like the Long Bond vs RUT short. The Russell 2000 was flat for the 3rd consecutive week last week. Pretty much everything else equities has been going straight up.
