THE BATTLE BETWEEN NERVOUS ‘HAVEN FLOWS’ AND ‘BOND BEARS’
THE BATTLE BETWEEN NERVOUS ‘HAVEN FLOWS’ AND ‘BOND BEARS’ On September 24th, Global Macro Monitor posted a 5,000 plus word tome, The Gathering Storm In The Treasury Market, the very day the S&P500 peaked at 2940.91, its all-time high. The yield on the 10-year Treasury soon broke out to 3.25 percent, a level not seen since 2011, […]