Thursday, April 15, 2021

The ten year is now just wildly gyrating

 Down to 1.61 almost a 7 basis drop over night.  Something is breaking. Likely the petrodollar.

I found out what is breaking. A combination of sanctions and yield curve control.

The last part of this chart is the Fed raising taxes on ten year government collateral.  This will kill off retail banking and is a nightmare come true.

The pitchforks are coming to the Eccles building.



Something else is wrong:

1.5300-0.1080 (-6.59%)
As of 2:59PM EDT. Market open.

According to Yahoo but:

1.58 according to Bloomberg. Normally these track. Looking closer, the Yahoo is intra day, now closed. The ten year has recovered somewhat as Bloomberg is the most recent.

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