Random Thoughts

There is an old adage in markets: "Bond yields will rise until something breaks". And rise they did. Given inflation's stubbornness, especially in services, talk of tariffs, onshoring, and other factors, a 5 handle on 10-year treasuries is expected sometime this year. A point I voiced earlier. That is if an exogenous shock won't derail the economy before. One such possibility, albeit minuscule, could materialize from the current fires in LA. They'll test the abilities of the insurance industry. Currently, the situation is too fluid, and markets are closed due to the national mourning of Jimmy Carter.

So grab the popcorn, the movie is called American Exceptionalism vs Bond Vigilantes!

#finance #AmericanDynamism

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Random Thoughts

There are two types of people. First, will endlessly debate the merits of their candidate and vote accordingly, hoping to see improvements in their lives and be associated with a winning team. Second, is expecting a 5-handle on a 10-year treasury within the…

www.tgoop.com/random_from_sherlock/527

366 viewsedited  Jan 9 at 16:19

There is an old adage in markets: "Bond yields will rise until something breaks". And rise they did. Given inflation's stubbornness, especially in services, talk of tariffs, onshoring, and other factors, a 5 handle on 10-year treasuries is expected sometime this year. A point I voiced earlier. That is if an exogenous shock won't derail the economy before. One such possibility, albeit minuscule, could materialize from the current fires in LA. They'll test the abilities of the insurance industry. Currently, the situation is too fluid, and markets are closed due to the national mourning of Jimmy Carter.

So grab the popcorn, the movie is called American Exceptionalism vs Bond Vigilantes!

#finance #AmericanDynamism

BY Random Thoughts