Loading ...I know it’s been discussed here already…
What cements this for me is to watch the yields on some of the sovereign debt ( UK 10 yr. debt and U.S. 10 yrs.) are very close to breaking out past recent high yields….Sure, it’s been mentioned that the governments can ( and actively have been) buying back larger and larger amounts of their own debt, but this isn’t creating much needed liquidity…….it is creating a lack of confidence, and that in turn makes capital move and exacerbates the volatility and sigma moves in precious metals, in bond yields, and in equities….
Goldielocks, these new double weighted ETF’s being created by the CBOE, IMHO will only add to the extreme volatility that already exists. I wouldn’t go near these things, but some deep pockets might get off on the thrills……but again, what do I know…..