Monday, November 13, 2017

A bit of incoherence

I don't need much of the laws of economics to predict the 10 year Treasury yield is not going much over 2.5% for long. A bit of the laws tell me the one to ten year gradient will be spending moments at 1%, and the one year is at 1.54% and rising daily. We will get a requant, a collapse of the probability surface and restructuring.

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