Weak two-year note auction reflects a 'bunker mentality' right now, says Wells Fargo's Schumacher

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Michael Schumacher of Wells Fargo stated on “Fast Money” that the weak two-year note auction indicates a “bunker mentality” in the market. He warned that the current bond market troubles could soon extend to the stock market. The article highlights immediate concerns about spillover effects from fixed income to equities.

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