the pri there is less risk for further decline, the price is back to 2002, unless usa goes into bankruptcy
It should keep going higher. But I doubt that they have the stomach for it. They will shift policy back to easing.
Just 1 week + 1 day left until the Market is Great Again. The recovery is going to look like 10/23/23 - 12/18/23.
I wonder if all this bond selling is anxiety over what Trump will implement as soon as next week? Rates should have done today since PPI was moderate. Maybe traders still fearful of tomorrow's CPI print. I have a feeling Trump's inauguration is a sell the news event -- I guess buying the 10 year in this case.
We will see today but HYG, 10 Yr Notes, small caps, crypto, quantums all had a nice day. Junk is getting great again.
Rates can't stay above 5%. The world wants to lend the Trump Administration money at lower rates. US Treasuries are Great Again!
Rates still below 5%. They won't go and stay up. They are promoting Bitcoin . How is bitcoin going to keep going up when people borrow $ against their BTC?