(USTs are higher, steeper following UK, Ger and BoJ all on solid (~250% avg) volumes)while WE slept; BoJ TWEAKS, illustrated; US econ DEFIES laws of gravity;
(USTs are higher, steeper following UK, Ger and BoJ all on solid (~250% avg) volumes)while WE slept; BoJ TWEAKS, illustrated; US econ DEFIES laws of gravity;
Good morning … Traveling yesterday, what did I miss? Fed jacked rates (but it was a dovish hike, you know, the LAST one ever), equities streak continued while bonds … well, not so much (although SHOULDa / coulda been a concession for 7yr auction — but wasn’t) and by days end, stocks winning streak ended.
In no way shape or form does the US 10 yr look like it's been subject to YCC of late; I mean no WAY could any leviathan sized org be trying to keep the 10 yr at or below 4%, NO WAY MAN!
Lacy just did a great interview on Wealthion; found it helpful to've read the Hoisington Q2 report first. Thanks for that link Steve that's always a MUST read!
In no way shape or form does the US 10 yr look like it's been subject to YCC of late; I mean no WAY could any leviathan sized org be trying to keep the 10 yr at or below 4%, NO WAY MAN!
Lacy just did a great interview on Wealthion; found it helpful to've read the Hoisington Q2 report first. Thanks for that link Steve that's always a MUST read!
saved link to Wealthion for this weekends consumption ...
LOL I couldn't wait!