The dominos are falling
- US 2s hit 2.49%, the highest since Sept 2008
- US 5s hit the highest since Aug 2009, highest since Aug 2009
- US 7s hit 7-year high at 2.951%
- The high in 10s so far today is 2.988%, after touching fractionally higher yesterday
The question is: What's the breaking point in stocks and FX? Or have we already hit it in USD/JPY?
