The 30 year bond yield minus the 3 *Month* Bill yield!
A -1.13% spread !! Insane. Checkout the spread difference over the past 30 years (S&P performance also added into the timeline).
Chart from #[0].
Discussion
Storms a comin
I can't believe I found your profile from the global feed.
Can anyone explain the "here's why that's bad" for an idiot?
When short term borrowing rates are higher than long term borrowing rates, businesses can’t roll their debt and use shorter duration to keep their interest expense under control. All rates are up, and the rates for working capital are the highest…
Aye aye. Enough word salad. Up or down or sideways? Doesn’t matter. I will keep stacking sats.