The Bond Vigilantes Are Holding The Market Hostage (For Now…)
The market’s wild swings over the past week likely had you reaching for antacids. Folks returned from the holiday season in a very positive mood, driving the S&P 500 1.6% higher in the first three trading days of the year. The NASDAQ’s performance was even more impressive, as the tech-heavy index surged 2.9% in three days. But since then, all…