Dow Drops 170 Points From Open As 2Y Yield Surges To Highest Since May 2010

But… “priced in”? “Non-Event”?

2Y yields are within a smidge of 1.00% for the first time since May 2010…

 

As The Dow dumps off opening highs into the red for the day…

 

But what do Treasuries know that stocks don't…

 

Charts: Bloomberg

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