Last week we discussed that the bond market yields rising may have overdone it to the upside. The 10-year treasury got to about 2.94% last week and then pulled back to 2.86% currently. We said the Citigroup Economic Surprise Index seemed to be about out of surprises, was likely topping out, that in the short-term rates may have peaked and we could get a rally in the bond market.

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Market in a Minute 2018-02-27