Presenting The “Real Bubble”
A persistent theme here at HR this week has been the emergence of two competing narratives on Treasurys. For those in need of a quick recap, see here:
Trader: “Much More To Come” For Treasury Rally, Dollar Slump
Why One Bank Is Still Bullish On Stocks (And Bearish On The Long End)
One Bank Warns: “Markets Are Too Sanguine,” Fed Hikes Now More Likely
Essentially it comes down to this: do you think the outlook for global growth and inflation supports higher yields or do you not? And i
