Into The Storm! US Treasury Yield Curve Slope Hits 127 As Bitcoin Hits 51,000 (9.72x Since March 18, 2020 And Lumber Futures Rise 3x Since Same Date)

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by confoundedinterest17

We are into the storm (as in a Covid-related recession). As is typical, the 10Y-3M yield curve went negative before the recession began and now the yield curve slope is rising during the storm (recession).

And we saw a small pop in 3-month volatility.

St. Louis Fed’s James Bull-ard stated yesterday that he doesn’t see any asset bubbles. What does he call Bitcoin rising almost 10x since March 18, 2020 and lumber futures rising 3x?

Rising prices in a recession? We are into the storm.

Update: Bitcoin hits $51,440 as Fed continue to “print hard.”




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