Post by
garyreins on Oct 21, 2024 10:56pm
For the first time in months..
I am scared going into tomorrow. Another +10bp gain on bond yields can send REITS nosediving at a record speed.
The bond market is our cryptonite, and the bond traders are dumping bonds at a record pace...when it should be the other way around of buying bonds hand over fist. What a mess
The markets go up no matter what happens with any data
such a rigged trade
Comment by
DZtrader on Oct 21, 2024 11:29pm
The markets are pricing in the possibility of a Trump win, just as you have been crying for. When the exceedingly high debt and deficit explodes, the bond vigilantes (whom are already starting to sniff around) show up in full force and effect and you then throw in some outlandish tariffs causing catastrophic inflation, where ya figure bond yields end up? Careful what you cry for.