Wednesday, March 31, 2021

ADP: 517K; Chicago PMI: 66.3

 both strong numbers .. + 2.25T infrastructure plan  = rates rising .. teenies 1.75+ .. holding the milestone 

but does this good news become bad news ..?

next stop 2.0 ..!

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30Y treas auction rates above 5p

Last it happend was in Aug 2007 - about 20Y ago and a market peak which broght the real estate and financial crisis..!