The US Treasury 10Y-5Y curve (aka, the belly of the Treasury beast) has inverted.
It is more about the 10Y Treasury yield rising more slowly than the 5Y yield.
Freddie Mac’s 30Y mortgage commitment rate rose to 4.42%.
Today’s initial jobless claims came in at 187k, the lowest in modern history!! Overheated much?
More fuel on The Fed Fire to raise rates above 0.50%.
Fixed-income trading floors:
- HAPPENING: Shooter’s Grandpa Says Someone Else Bought Him Weapons and Taught Him How to Fire
- It Is Worse Than We Thought
- Hardest landing is GUARANTEED.
- Why did the West Only Go to Shit After WW2 and Not Before?
- Barack Obama absolutely buried by Jason Whitlock.
- Leaked Document: China Preparing for Imminent War with USA Over Taiwan
- This is what happens if you give up your guns: Australia announces TWO YEARS in prison for violating COVID rules
- School shootings were rare until the government put a target on the backs of our children in 1990. What happened in 1990?
- An amusing economic indicator: Strippers say a recession is guaranteed because the strip clubs are suddenly empty
- Pretty much in all Europe is happening but mainstream media are too focused on Ukraine..