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Tech Stocks Tumble As Dollar, Bond Yields Spike To March Rate-Hike Highs

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Since President Trump tweet-whined about Russia, China manipulating their currencies, the dollar has gone panic-bid, and along with Treasury yields, are both now back at March rate-hike highs. The Techphoria is fading fast as AAPL slumps over 5% in 2 days and Semis suffer...

Treasury yields are back at the high end of support, back at Fed rate hike levels...

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The dollar has gone vertical since Trump tweeted...

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One might start worrying is this continues as the world and his pet rabbit is currently short USD...

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As Citi warns, if the dollar was to rally aggressively it would be a major pain trade.

Apple is cooked...

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And its slamming tech...

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