@commonsenseplay And energy crisis is maybe 1/4 of the prob. Nobody wants bonds while markets print. And bessent can say whatever he wants, but he’s not telling u Warsh is the one selling to save face by not having to raise. Which actually may happen, tho prob not. Bad trade today sorry
I think it will absolutely be a great trade as soon as AI blows up and oil comes back to reality. Until then ur legit lighting money on fire.
Even if cpi is good, next months won’t be since gas and esp crude prob rallies hard for another 2 months if not longer.
Japs selling bonds.. TLT won’t go over $84 until there’s real intervention.
@commonsenseplay You’d be right but w market ath’s and such borrowing demand, ppl demand real $$ for long end. They’re trying but it’s not war or oil soley. Markets did 40-50% during that timeframe. Need intervention here via housing crisis or market disaster for 150-200