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The Everything Rally

MRKT Matrix

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The Blue Line and the Real 10 Year Treasury Yield

Liz Cass: We've used this chart before, but the reason I keep using it is because it's so clearly out of whack. These are lines that typically trade in accord, in unison, to a large extent. You don't see divergences like this; at some point, one of these two lines or both of them need to come back together. And my guess is that stocks probably need to come down. Liz Cass: It's interesting what they call "big swings" when you get overdone on either side and try to find more reasonable middle ground.

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