That was Short Lived

Bank Bailout Stocks Crashing from Sugar High

Futures are flat for the most part. Lumber seems to have had a good performance in the last 24hours. Yet, the bank rally seems to have run its course.

What goes up must come down. Morning Highlights:

• Updated 42 min ago

  Credit Suisse Asset Stress Persists

  Updated 1 hour ago

  Bonds Yields Fall; First Republic Shares Tumble Premarket

  Updated 1 hour ago

  First Republic Stock Falls After Board Suspends Dividend

Yield Curve Heads back South

2yr Treasury Yield moves higher. Yield Curve goes from -.42 to -.58 this morning. More pressure on bank assets continues.

Keeping it short and to the point today.

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