Loading ...Usually when I’m as emotional as I got the other day and want to throw everything in the toilet, is when I should actually be buying. We’ll see how it goes now that I’m back in.
Looks like we have rates down to start, just a 1.5 bips, USD down a little.
I can only surmise that the debt deal failure is causing an exodus from the bond market, nothing crazy yet but enough to push the 10 yr. from 3.37% to 3.7%. I’d expect if we do default, the exodus might get greater and faster. Gold negative, although it shouldn’t be!