US equities face a big challenge with rates jumping but futures only moderately lowerI tend to think equities are slow to react to changes in the bond market and outlook for rates. That might be unfolding at the moment with S&P 500 futures down only 23 points, even as borrowing rates jump 10 bps at the front end and a 50 bps hike is placed squarely on the table.
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Source: US equities face a big challenge with rates jumping but futures only moderately lower (https://www.forexlive.com/news/us-equities-face-a-big-challenge-with-rates-jumping-but-futures-only-moderately-lower-20220204/)
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