A record inversion of the 30Y - 2Y.
-113 bps!
ELI5?
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You’ll make a whole extra percent more by owning 2 year debt than 30 year debt. Credit markets are this jacked.
Gov will have a blast rolling over that cheap credit at these new rates. How does Fosssy say it, debt spiral? #BitcoinIsInsurance
Buckle up 🌀💥
