I fully support the shorter pieces!!! and I thank you. The longer pieces are fine and excellent, the only objection is one of time and limited cognitive bandwidth. Cheers!
I guess the question we are all asking right now is how far can 10-year yields rise before something more substantial breaks? and what will that be? stocks reversing lower? loss of broader economic or consumer confidence?
my take has been that the most likely outcome is regulatory changes requiring banks and insurance companies to hold more treasuries in order ensure they have a market
I fully support the shorter pieces!!! and I thank you. The longer pieces are fine and excellent, the only objection is one of time and limited cognitive bandwidth. Cheers!
second
I guess the question we are all asking right now is how far can 10-year yields rise before something more substantial breaks? and what will that be? stocks reversing lower? loss of broader economic or consumer confidence?
my take has been that the most likely outcome is regulatory changes requiring banks and insurance companies to hold more treasuries in order ensure they have a market
at the moment, I'd think that 5-5.20% is a level to watch and to see whether the economic data changes with yields in this area.