With extensive YCC - Price continues to move lower, creating an
even larger Divergence between Price and Yield.
Not at all constructive for Buyers.
Bonds are going to continue to grind up the Bigger Lies.
ROCs spooked the FED, so they are busy tamping down the
Fears.
Issue is, the Fear is all about Trust.
That has clearly broken.
even larger Divergence between Price and Yield.
Not at all constructive for Buyers.
Bonds are going to continue to grind up the Bigger Lies.
ROCs spooked the FED, so they are busy tamping down the
Fears.
Issue is, the Fear is all about Trust.
That has clearly broken.