A warning sign from Southwest, and digging in on the next move in rates
CNBC's "Fast Money"
00:00
What's Happening With the Tenyer Yield?
The ten year has retraced almost a 50 % of that initial baunce, right back to that one 13 level. This looks like almost a classic intermediate term reversal from ta technical standpoint. We've had all this optimism in february and march turned into a lot of pessimism on cyclicals. And we think, and what we've been telling clients for the last couple of weeks, is to start looking for bottoms developing in some of these areas. The advantageis to the syclicls at this point.
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