Wednesday, February 17, 2021

why rates are going up?

because RS came out 5+% and PPI is 1+%.

market anticipates these numbers thru behaviors and reacts accordingly ... so use be-cause is in reverse ... the data becomes the justification which always comes later ... anyway, inflation will be here soon, which will kill this rising stock market.

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10Y dropped under 5p ..

As French 10Y go higher than US ..! Both are right indicating slower growth from here; addionally, Crude near 100 is not helping ..!