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The Big Bond Question
Treasurys, like the nation which issues them, are at a critical juncture. That was the overarching message from the latest Weekly which you should read if you haven't yet.
10s are ~4.25% in the US, up markedly since the September FOMC meeting, and Harley Bassman's MOVE gauge reflects considerable election angst.
To the extent any portion of the bond selloff's attributable to rising "red sweep" odds on betting sites, it's absurd but also deliciously ironic: The deepest, most liquid market on Ea
Wouldn’t a 2% move in say, the ER8, mean rates going to 0%?!
The bar for that would seem very high. Or am i reading this wrong?
Well, wrong way: we’re talking about a 2% down move. A selloff.
This is when i wish i could delete my comment!
The point i was trying to make is that would be a HUGE move.
Harris with a GOP House majority might be the “best” outcome. It would be entertaining to see how the GOP hotheads would act if Trump was not in the White House to cheer them on and strong arm the more moderate GOP reps.
Its soon time for you to start bull posting Solana H. I enjoy your small allusions to understanding some of the complexity of USDCoins.
Thank you for the McElligott update.