Bond Market is Confirming a Risk on Bid in Stocks - #bonds

The bond market is giving us the confirmation we needed for a relief rally in the equities market as geopolitical tension subside for now. We are currently trending lower towards the 126 handle which was the lowest low set during the last downturn. If the market sentiment holds up, we could be testing the 126 level today. If not, watch out for the bond market to catch a bid back up.