Armenian ๐ฆ๐ฒ SuperBowl: Missed 5.25% on the 10-Year? @jonnajarian tells @larry_kudlow, alongside @JackBouroudjian, that bond vigilantes (traders who dump bonds to force rates higher) finally got their Fed hike, and yields fell from 5.3% to 4.92%. Treasury is leaning on shorter-term debt, so anyone who passed will be chasing 4.9, 4.8, 4.7 #ITSNOTANOPTION ๐