Soaring Bonds

49
Wed, Jun 9, 2021 - 10:56am

In what is either a short squeeze or buying panic, the bond market soared again today with some of the lowest yields in 100 days. So which is it because that's kind of important.

If it's a buying panic and sudden rush to "safety", what the heck is going on that we don't know about? The yield on the 10-year note is now down 15 basis points THIS WEEK and is back to the lows seen for about two seconds just after the BLSBS of early May....

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

49 Comments on Soaring Bonds

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 6/21

6/21 9:45 ET Goons Bullard and Kaplan
6/22 2:00 ET CGP on Capitol Hill
6/23 9:45 ET Markit flash PMIs for June
6/24 9:30 ET Durable Goods
6/24 9:30 ET Q1 GDP final guess
6/24 9:30 ET Goons Bostic and Harker
6/24 11:00 ET Goon Williams
6/24 1:00 ET Goon Bullard again
6/25 8:30 ET Personal Inc and Spending
6/25 8:30 ET Core PCE
6/25 10:00 ET UMich Consumer Sentiment

Forum Discussion

randomness