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Takeaway: Rate hike fears are crushing Bond Bears.

Fed Rate Hike? Remember, Remember The 15th of December - 10yr yield 8 26

Do you remember what happened when the Fed hiked interest rates on December 15th?

10-year Treasury Yield:

12/15/2015: 2.27%

8/26/2016: 1.54%

So yields are falling despite all the rate hike talk...

Why?

Here's what you need to know about a potential Fed rate hike via Hedgeye CEO Keith McCullough on The Macro Show yesterday: