I do not understand your logic here. It seems to me that the effect of increasing rates costs the Gov more on its debt and slows the economy and thus reduces tax receipts.
GTC Buy Limit Scale pre set from 2375- 2399... Reuters just spilled the beans on PPT ready to step in here again in a big way.. compliments of DJT.... Something Iv`e been saying over last 2 sessions.. as their finger prints have been all over Price Action last two sessions!
My anticipated PA call this week... Gap up tomorrow... dump into the 2375- 2400 Buy Target Zone... followed by multi day 100-150 Handle Rip into New Year! Set It & Forget It... Just hope Reuters/ DJT didn`t tip my hand!
There's more nuance to margin debt figures IMO. It rises in bulls and falls in bears, so the fact that it's been rising recently or is high relative to the past doesn't tell you anything. The one pattern that did stand out to me when I've looked at margin debt in the past is that when margin debt rises sharply but prices don't advance much, over a period of several months, it tends to be a warning sign of a decline to come. On FriskyCat's chart you can see the pattern in 99/2000, 2007 and to a lesser extent in 2015. Doesn't seem to have happened in 2017/18 so it's clearly not 100%.
Covered All remaining shorts on the over night from Friday... am now out of Shorts & am Net long from dip to 2390... Got more to buy on next leg down... PPT on standby!
Any over run of Target Zone down to say 2330-50 will be short lived buying opportunity... This is a 1 week swing trade!