Jump to content

Stonks for the Long Hole 2/25/21


Recommended Posts

  • Replies 40
  • Created
  • Last Reply

Fun chart. The story of the entire adult lives of most working people today.  Including banking and finance of course. The lesson; interest rates only fall.  

I suppose the US could follow Japan and just monetize most of the government debt, keeping even long term rates scraping bottom for years on end while the currency stays viable. That's what everyone is counting on, if they know it or not. 

Anyhow a fun chart as you can get the date week by week and try to remember what was happening at the time. 

https://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart

The yield on the 10 is up only 50% this year. Is that a lot?

Link to comment
Share on other sites

USD is Shitapon Sam today. Furriners are selling Ts and repatriating their cash. 

This is really, really bearish. 

Everything I purdickted is coming home to roost. 

I'm out of all but 3 of my longs. They're still solidly above trend. Shockingly, I actually have a gain today despite coming in with 12 dongs. The screens give me a couple that were up enough to offset the falling shit. 

Just now on the verge of making our first lower low today. 

Link to comment
Share on other sites

15 minutes ago, DrStool said:

Treasury just announced another $30 billion in T-bill paydowns, hitting March 4. This brings the 2 week total to $155 billion and it is NOT ENOUGH. The system is collapsing. 

But there are the $139bn notes coming out on the 1st. 

Now I see some wags are saying the Fed wants a steeper yield curve, to get banks to go out there to fund the deficit..  Cripes. 

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Guest
This topic is now closed to further replies.
  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...