📈   Stocks Jump As Japan Panics About Soaring Bond Yields

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"Stocks stop panicking after policymakers start panicking" - Bank of America's Michael Hartnett US equity futures are higher on US/EU trade optimism as well as global bond yield stabilization after the BOJ is reportedly looking to reduce domestic bond vol following last week's historic selloff which led to record losses on Japanese life insurers and other financial firms. As of 8:00am, S&P futures are up 1.5%, and Nasdaq futures gain 1.6%after Trump said he would extend the deadline for the European Union to face 50% tariffs until July 9; Stocks look like an ‘Everything Rally’ led by TMT in premarket trading with multiple Mag7 names are up more than 2% ...

ZeroHedge Opinion     May 27, 2025