The casino is in operation day after day, week after week… yield curve up, yield curve down… markets up, markets down.
The casino is in operation day after day, week after week… yield curve up, yield curve down… markets up, markets down. Wax is on today and the yield curve is down. Funny how it was up yesterday with declining yields and it is down today with rising yields. Hey, it’s all good and it all makes sense in the casino that Bernanke built (or rebuilt after Greenspan’s fell apart).
10, 5 & 2 year yields from Bloomberg
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