Thursday, December 1, 2016

Yields March Higher

Will you stand above me?
Look my way, never love me
Rain keeps falling, rain keeps falling
Down, down, down, down
--Simple Minds

After a brief rest, long bond yields have resumed their march higher. Ten year note yields have increased nearly 50% in a month.

The wind in the face of leveraged economies and markets is stiffening.

position in SPX

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