Replying to Avatar Bloomberg Markets :press:

Pax Volckeriana Is Done. Welcome to the New Order

The secular trend that led to ever-lower bond yields starting in the 1980s has ended. How long this new regime will last isn’t yet written. #press

https://www.bloomberg.com/opinion/articles/2023-10-10/bond-yields-pax-volckeriana-is-done-welcome-to-the-new-order?utm_source=press.coop

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Ghost of Truth 2y ago

Expect years of high volatility and rising yields over this decade. Markets just started figuring out about the insustainability of global public debt. #debtcrisis #soundmoney

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