From hope to nope and back to hope...
Treasury yields continue to push to the lows of the day and stocks push back higher...?? Again!
With bunds at record low yields and 2Y yields collapsing at the fastest since 2009...
Crushing The Fed's credibility... even more than when they folded in Sept 2015
And even FX carry is not playing along...
So what happens next? Well it is Friday.
Charts: Bloomberg