Where does the money come from??!

 Some wonder where the money comes from , to move the stock market up. I answer, that a large amount of money migrated to reliable assets such as bonds(bonds). So sometimes you have to look, when Taleb's recommendation(joke) will work. Nevertheless, 10 summer US bonds are in the overbought zone, and yield is oversold. From a technical point of view., on 10 In the summer yield, an inverted GUI was formed, what can lead to a technical rebound, which in turn will be positive for the stock market and the risk of appetite, since some of the money will move to commodes and other assets, at least, in the short term.
FED program to reduce mortgage rates partially implemented. Many people know, that the mortgage interest depends on 10 summer bonds and therefore we see a record low mortgage interest. Usually it is 200bp above 10 year yield.

  3M (NYSE: MMM )
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