Stocks Turn Positive After Bond Market Selloff Overdone

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Stocks turn positive after bond market selloff overdone, Oil finds major support at $100 level, Gold pummeled, Bitcoin hovers – OANDA Wall Street still seems hesitant to ‘buy the dip’ after another round of soft economic data and on fears the market might not be pricing in enough Fed hawkishness. The bond market delivered another major move with the 10-year Treasury peaking just above the 3.00% level. The S&P 500 wasn’t ready to break the critical 4,000 level just yet, which could suggest stocks are ready for the typical consolidation that happens before a key Fed decision. Q1 2022 hedge fund …

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