Watching nostr:npub1tccnjexzau3x5ea8c69v047nqfy3xm4w4yl9j788sts0usl87nhsvce6fh‘s thesis starting to play out in the bond market is proving to be very interesting.

I’m wondering is it a Trump trade or is it actually just the reality of the US (and global) credit risk position playing out? My gut says a bit of both.

As Luke would say, let’s watch…