Since the extreme hawkish September Fed meeting on last Wednesday, the markets have been in shock. The 2-year and 10-year treasury yields have gone parabolic while the equities in every sector sold off hard. The DOW took out its June low while the S&P 500 and NASDAQ held their respective June low. The 10-year treasury yield gap opened to a 12-year new high last Friday, but it failed to continue to