CHART OF THE DAY: Consensus Bond Bear Squeeze!

CHART OF THE DAY: Consensus Bond Bear Squeeze! - 03.19.15 chart

Editor's Note: This is a brief excerpt from today's Morning Newsletter written by Hedgeye CEO Keith McCullough. If you're an active investor/trader and you're not subscribing, you're bathing in gasoline next to a roaring bonfire. Click here to learn more and sign up.

Yellen’s decision keeps our non-consensus view of lower-rates-for-longer on the table (US Treasury 10yr Yield smoked back down to 1.94%, German 10yr Bund Yield at all-time lows of 0.19%, etc.) and she reiterated our #deflation call.