30-Year Long Bond Yield Crashes Through 2% Mark to Record Low 1.98%
The bond rally continues this evening with the Fed in denial and Trump howling.
Futures are up a bit this morning as of 1:00 AM central following yesterday's massacre.
However, bond yields are again lower. The 30-year long bond just crashed through the 2% level for the first time ever.
Don't Worry
The Fed has everything under control.
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So does Trump, the ECB, Bank of Japan, China, Canada, Australia, and New Zealand.
What can possibly go wrong?
Mike "Mish" Shedlock