Japanification completed: 10y German Bund yields drop below Japan’s 10y for 1st time since 2016. (Holger)
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If foreign Central Banks won’t grow UST holdings, then over time we can have strong equity markets or we can have strong UST auctions, but we likely cannot have both.
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When SILVER fails to follow GOLD most times its a warning of a move lower IN GOLD and GOLD miners.
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Turkey’s offshore borrowing rate hits 1,326% Finally, interest rates you can observe.
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