Seems like we are getting closer to things breaking in the market or at least having a big retracement. Like clockwork when everyone became bullish and all articles being written were about no landing instead of hard landing. We shall see but Jeff Snider always mentions September and March as the months with very low liquidity due to global bottlenecks. With the ten year rising to 4.3% I think risk assets start heading back down. Bear market bull trap over? How long before the fed blinks? Interest payments on the debt going parabolic. Seems unsustainable. Move the inflation target to 3% claim victory then move rates back to 2% or lower is probably the next play by the fed in the next 6-12 months. Maybe faster if something breaks.