The bond rally continues this evening with the Fed in denial and Trump howling.
The bond rally continues this evening with the Fed in denial and Trump howling.
Futures are up a bit this morning as of 1:00 AM central following yesterday's massacre.
However, bond yields are again lower. The 30-year long bond just crashed through the 2% level for the first time ever.
Don't Worry
The Fed has everything under control.
So does Trump, the ECB, Bank of Japan, China, Canada, Australia, and New Zealand.
What can possibly go wrong?
The content on Mish's Global Economic Trend Analysis site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.
Comments
Log in or sign up to join the conversation.