S&P 500 Equal Weight Index down 7.25% in December to date, US Treasury yields up a net 2.13% in the aggregate since the end of November

Both stocks and fixed income down at the same time is a real bummer, you know, like in 2022.

UST yields in the aggregate tonight are at 4.45 vs 4.356 at the end of November.

UST yields have risen 375 basis points net in the aggregate in the three months since the Fed started cutting the Fed Funds Rate on September 18. That's +6.93%, which is hilarious.