for my sins I saw some Bloombollox last night and caught a segemnt on Bonds…..just unreal talk as if all was normal in the bond world, no-one mentioned how the miraculous the overseas buying turned up, just took it at face value.
Talk is the SM may melt up, if rates keep rising, as money runs from Bonds into SM…..we will see some and only a little gets us moving, plus prices are dirt cheap.