The US Treasury yield curve is steepening at the fastest rate 2008. 2s30s has exploded 16bps as the long-end of the US Treasury curve crashes higher in yields as US equities are aggressively bid, back to overnight highs.

The Dow is now up over 1000 points off overnight lows...

With all major indices in the green...

We wonder what Mark Cuban is thinking?

[I have my] "Trump hedge on", adding that "in the event Donald wins I have no doubt in my mind the market tanks.... If the polls look like there is a decent chance that Donald could win I'll put a huge hedge on that's over 100% of my equity position, and my bond positions as well, that protects me just in case he wins."

.@mcuban: In the event that @realDonaldTrump wins, I have no doubt in my mind that the market tanks. pic.twitter.com/oe1r4KnDix — FOX Business (@FoxBusiness) September 6, 2016

And bonds are crashing...

Sending 30Y yields to January highs...

as the yield curve steepens most since 2008...