Par David Lisbona le 8 juillet 2013
A simple spike in rates
That’s all that did it. A jump of the rate on the U.S. 10-year from somewhere in the 1.80% range to slightly above 2.10% and sure enough it was as if someone turned off the music and you had to find a chair.
Many investing folks didn’t really appreciate the move and the resulting sentiment change was noteworthy.
So what happened?
