[video_player type=”embed” style=”1″ dimensions=”640×360″ width=”640″ height=”360″ align=”center” margin_top=”0″ margin_bottom=”20″ ipad_color=”black”]
[/video_player]
Treasury bonds sold as yields reach new multi-year highs across the curve. Interest rate sensitive sectors sold off hard today in response as Utilities finished over 4% lower on the session. With Technology, Cyclicals and Communications finishing higher, let’s talk about the market’s next move.(SCHW, LQD, ALLY, NEE, XLU).