Tweets oif the Day
This is the kind of thing that often marks tops. Those clamoring for bitcoin futures, ETFs, and options may wish to consider. Nah. It’s different this time.
A portion of the yield curve may invert when the Fed hikes in December. Spreads between some durations are around 10 basis points.
I discussed Italy here: Italy Target2 Imbalance Hits Record €432.5 Billion as Dwindling Trust in Banks Plunges
About that strong growth: I Expect New Record Low Long Bond Yield
Mike “Mish” Shedlock
So who is investing in junk rated bonds for interest rates barely above Treasury rates?
Picking up pennies in front of a steamroller for a tiny yield advantage.
It has worked so far…let’s keep going!