Post by
garyreins on Jan 10, 2025 5:50pm
SCROOGE is right
The 10yr has now surged 115bp in under 4 months which began its uptrend exactly as Powell cut. Goal was to tighten on long end to counter act political cuts. So obvious.
Comment by
ScroogeMcDuck1 on Jan 10, 2025 6:25pm
Surprise you get the cpi next week and another chance to push bs data and spike yields and crash everything. All the pundits are saying 5% now and they are also starting to talk rate increases.
Comment by
garyreins on Jan 10, 2025 7:00pm
feels like an epic conn job. the very moment they suggested it was ok to cut they flush out bonds. no time for nothing material to even happen within 2-4 months
Comment by
ScroogeMcDuck1 on Jan 10, 2025 7:09pm
good video here, guy says bonds are bottoming and will return higher in 6-8 months, https://www.youtube.com/watch?v=Wg2CKs6ZB2U
Comment by
garyreins on Jan 10, 2025 7:12pm
return higher in 6-8 months? i was expecting 6-8 days. if we dont m ove higher until summer these reits are going to get sacked
Comment by
ScroogeMcDuck1 on Jan 10, 2025 7:33pm
The last video I just posted is a real eye opener. Would like expert comments.