Post by
garyreins on Jan 14, 2025 6:37pm
The joke is on us.
According to that guy in scrooges video, most of the debt is fixed or on the long end, so the +120bp spike in the 10yr is not really easing for anyone. Furthermore, tons of corporate debt, and REIT debt for that matter still has to roll over at much higher rates which hasntn happened yet, further stressing indebted companies, potentiallyleading to bankrtupcies.
So this bond market just wanna keeps dumping cause they are reporting hot jobs using an outdated model every month and trying to convince u inflation is going back up