the entire yield curve is blowing out
20YR just crossed 5% and 30 year is a hair’s breadth away
Discussion
Doesn’t even match inflation….
Need some 8% yields
Never does. The rate someone wants to lend their cash is almost always as t a discount to actual inflation. Some of this is due to collateral needs, some bylaws, some want daily and weekly yield while loaning out other cash, and other just want a bit of interest while still holding safe and saleable debt.
Because people know that printer is coming?
M
Today's auction was horrible. It's almost like we have been flooding the globe with dollars via our trade deficits and they have been buying treasuries. 🤣
The world’s quietly saying:
“Your debt is trash, your money’s broken.”
It's incredible and terrifying at the same time 🫣
Would you look at that, all of them are lower than the dollar debasement rate. It's all a scam! 😱