Bonds are the feature this A.M. as more and more investors are locking in yield. 120.13 is qtrly momentum.

What’s surprising is the muted reaction in the Currencies and Gold to lower yield.

As I’m writing someone saw the same thing and began selling Gold!! Do not touch until Thursday.

Spoo/Russell is approaching double top land. Pay attention for a shift in spreads.

Bitcoin can bounce in here but it is not low enough for a longer term low risk buy.