30-Year Long Bond Yield Crashes Through 2% Mark to Record Low 1.98%

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Published : August 15th, 2019
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Category : Editorials

The bond rally continues this evening with the Fed in denial and Trump howling.

Futures are up a bit this morning as of 1:00 AM central following yesterday's massacre.

However, bond yields are again lower. The 30-year long bond just crashed through the 2% level for the first time ever.

Don't Worry

The Fed has everything under control.

So does Trump, the ECB, Bank of Japan, China, Canada, Australia, and New Zealand.

What can possibly go wrong?

Source : moneymaven.io
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Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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