while WE slept; "Peak in LONG rates in sight"; w/2yy now ABOVE 3.75% (highest since '07), think either 4.45% OR, "Opportunity"; Fed rate cuts remain priced;
while WE slept; "Peak in LONG rates in sight"; w/2yy now ABOVE 3.75% (highest since '07), think either 4.45% OR, "Opportunity"; Fed rate cuts remain priced;
thebondbeat.substack.com
Good morning … With the rail strike apparently averted (CNBC) it would appear that the stock market simply yawns, Good news is now (again) bad? Perhaps it’s that move in rates (higher, again this morning) which ultimately matters most (says a former rates guy)? Never mind … here is a snapshot OF USTs as of 715a:
while WE slept; "Peak in LONG rates in sight"; w/2yy now ABOVE 3.75% (highest since '07), think either 4.45% OR, "Opportunity"; Fed rate cuts remain priced;
while WE slept; "Peak in LONG rates in…
while WE slept; "Peak in LONG rates in sight"; w/2yy now ABOVE 3.75% (highest since '07), think either 4.45% OR, "Opportunity"; Fed rate cuts remain priced;
Good morning … With the rail strike apparently averted (CNBC) it would appear that the stock market simply yawns, Good news is now (again) bad? Perhaps it’s that move in rates (higher, again this morning) which ultimately matters most (says a former rates guy)? Never mind … here is a snapshot OF USTs as of 715a: