Loading ...Started with the Dot Com bust in March 2000. Followed by a recession in 2001. During that recession, the global economy got attacked on 9/11/01.
Because of the above, the Fed was forced to start dropping rates hard and fast against their will. The Fed was thrown totally “OFF STRIDE”.
Bond market is in an ‘epic bubble of colossal proportions,’ is and was a result of the above.
Nice dip I see today, and it may not last too long. Just like a rally does not last too long in a new bear mkt. Constant surprises.