The move in Treasuries is unstoppable. Severe consequences.

This move is unstoppable. Remember: by the time the move ends, the market always forces you to abandon your beliefs. What will it take to make everyone relinquish the popular idea that low yields are here to stay forever? A move to 5%, or even higher.

Consider also that this swing is the last one in a 2-year long sequence (wave C of E). This move will accomplish everything the market didn't dare earlier.

Expect a nearly tick-for-tick correlation between the crash in Treasuries with other instruments: SPX targets 1200, EURUSD 0.86, BTC below 5k. Silver below 10, Gold ~1100.