Yields Spike: Screwing The Fed One Tick At A Time

The music in the game of musical chairs can only go on for so long. When the music stops, $hit hits the fan. We may be seeing that today with yields jumping dramatically higher. The 10 year yield is trading at 2.12, +0.10 (+5.17%). This is the highest in over a year and could literally handcuff the Federal Reserve and their massive printing of money campaign.