Bond Yields Are Puking Again…

Bond Yields Are Puking Again…

US Treasury yields are plunging again this morning as investors take their pick of factors, but Delta variant fearmongering appears to dominate (and a continued short squeeze)…

10Y Yields are down 12bps this morning, trading below 1.20% back at 5-month lows…

Pretty clear that hopes for a return to an old normal growthy-ness failed…

For almost four months, bonds have been screaming a very different story from stocks…

The last time this happened, did not end well for the somewhat oblivious stock market…

Brace!!

Tyler Durden
Mon, 07/19/2021 – 10:24

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