Loading ...Funny thing about bonds. Actually I’m thinking if 10 year bonds hit Maddog’s target of 2.11% or whatever it was, that might be an opportunity to buy – expecting a rally.
I’m stunned at how fast rates have moved up in the last two weeks, pretty unusual.
Almost wondering if it will force the Feds hand to cut .50% instead of .25% – although they’ll probably just cut .25% just to spite Trump.
Could totally see a manipulated bond selloff in front of a Fed meeting to set whatever table the Fed needs set.
Next week will be interesting.