--Cosmo Renfro (The Fugitive)
No quit to rising long bond yields. Ten yr now well above the 2.6% Maginot. Not much technical resistance between here and 3%.
Perhaps the bond ghouls are doing the math on the pricey spending proposals suggested in last night's State of the Union address. With more borrowing imminent, creditors will demand higher rates.
no positions
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_uujDNfGk9GrUQovvdGiZu0In-7MqGlcXBNaT-HFmqzoGKeNg9e4SElFiPyKUjheFCwXV0UDWWLRF6OCwIYl6KTsA8aNWn41ttyVR9KTKc_NIlL5MnB918KlCPCd_6jE4ljzg=s0-d)
No comments:
Post a Comment