Wednesday, April 3, 2024

think about this ..

there were 3 main buyers of US treas - Japan, China & Fed and none of them buying these any more .. or at least going slow ... so who is going to fund US lavish spending ..?

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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 ..!