The US bond market is in serious trouble.
As new reports emerge of Iranian drone attacks on the UAE's energy infrastructure, yields are surging.
The 10Y Note Yield is now up to 4.45%, nearing the same level that resulted in the ceasefire and the April 2025 "90-day tariff pause."
Meanwhile, the market-implied BASE CASE now shows no interest rate cuts until December 2027.
There is now a 42% chance of a rate HIKE by March 2027.
It appears that $5/gallon gas prices and 7%+ mortgages are on the way.
The bond market needs help.
Chandler you motherfooker you! Rest up, fair play.
My history with Mike and the odds on him by KO swayed me to take the risk.
My head did say Paddy. He’s improving but with a way to go yet.
Although the division is woeful, it is equal, and equal brings good fights.
So happy days, ya’s’r welcome.
Ah well, what’s $500,000 to an M G like me, can you please remind me?
More than your purse.
Thanks @Duelbits, best odds in the game!
I’ll get it back I’m sure.
In fact, I just did. 😉😂
January 22nd 2016: Cavs fire David Blatt (30-11) hire Tyronn Lue and win the championship
January 23rd 2024: Bucks fire Adrian Griffin (30-13)…
We will be there.