Uh oh!
Record short in long bond increases odds that @RaoulGMI view of negative bond yields coming.
A few more months of negative CPI prints will be all that is needed.
Fed stubborn at 0% but market knows better.
End of govt bonds as productive asset class. Good for gold. pic.twitter.com/bmDwadC86i
— Dan Tapiero (@DTAPCAP) May 12, 2020
As long as other countries are receiving the benefits of Negative Rates, the USA should also accept the “GIFT”. Big numbers!
— Donald J. Trump (@realDonaldTrump) May 12, 2020
sounds reasonable pic.twitter.com/gMtcw0dIKq
— StockCats (@StockCats) May 12, 2020