US Yields, Yield Spread vs Dow Jones Index
US 10 yr Yields has gone up yesterday after US Fed and Europe ECB hawkish talks. I was interested to see how US 10yr, 2yr treasury yields, their yield spreads match against the US stock market. It seems that just before correction, the yield spreads are very near zero.
Currently the yield spread is not yet close to zero but the yields start going up yesterday. Wonder how it will impact the market!