Good morning … An absolutely historic move yesterday in the bond market requires an epic rant but unfortunately, that ship has sailed and I’m no longer paid by the word to detail the ins / outs of what happened and lay out a path forward. Instead, this morning (after), here’s what I’ve got for you. A quick VISUAL recap of what was one of (if not THE)largest swings in rates over past 5yrs
The Bond Market is worried about Nancy? That really is looney tunes. Give the Chinese a little credit. They are building their own space station and sending robotic missions around the solar system. Is the Bond Market discounting Kamala is a couple more Covid positive tests away from the Oval? Seems just as likely to me Joe bogs down with Long-Covid in the short-term. Presidents tend to have 'strong' wives who often fill the void ...
The Bond Market is worried about Nancy? That really is looney tunes. Give the Chinese a little credit. They are building their own space station and sending robotic missions around the solar system. Is the Bond Market discounting Kamala is a couple more Covid positive tests away from the Oval? Seems just as likely to me Joe bogs down with Long-Covid in the short-term. Presidents tend to have 'strong' wives who often fill the void ...