Small Caps Fade

The 2-yr yield is 5 basis points higher. Likewise, long term yields are higher than just before the FOMC (10Y +4BP, 30Y +3BP) 10-YR yield (1m) Small Caps outperformed all session, and jumped on the FOMC, but 3C was NOT confirming… IWM (1m) Small Caps… (1m)- briefly retraced all gains for the day, just barely…