Can anyone explain the dramatic decline int the yield on 10 Yr T? I always thought when things got more risky interest rates went up? Apparently, not always.
Many people are fleeing into bonds and t-notes. That makes the price of bonds go up, which makes yields go down. Always remember Bart Simpson, man. Price goes up, yields come down. Price goes up, yields come down.
We're gonna' get a hint of that over the next two days with Powell flapping his lips. Hold onto your potatoes! (Yes, he (FOMC) is going to raise rates.)
Dude, how fucked up would the market get if news broke that Trump went off with a suicide bomb-vest and took out Putin? LOL! Can you imagine the chaos? WOW. Sorry, my imagination wanders.