We trust the bond market around here.
I don’t have a lot of faith in people, or media or economists. But bonds are something we certainly take seriously.
There’s no bullshit with them.
The biggest players in the world have no choice but to be intimately involved in fixed income markets. So if you’re curious which way the pendulum is swinging, you’ll be able to see it in bonds.
Here’s a quick look at US Interest Rates making new highs – from the 1yr to 10yr yields these are going towards the upper right: [Read more…]