iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
22,418 Blog Posts

Bond Yields Keep Soaring: Anyone Care, Anyone?

The 2yr yield is fucking retarded inverted vs the 10: 3.94% v 3.48% and no one cares.

“MUHHHHH WE ARE NOT IN RECESSION. THE NBER SAID THE ECONOMY IS FINE. MUHHHHHH?”

As an ardent bear, one who wishes to see the destruction of markets, this is what I have to deal with. Markets are barely down today and many sectors are up. This is the reward I get for holding down the bear Fort, down 40 NASDAQS?

Late late last night one of my dogs decided to vomit for the balance of the evening, so I was busy with my handy dandy Bissel machine just steaming things up. Having dogs are like having babies, except babies aren’t as disgusting and they one day grow up to be somewhat civilized and pay taxes.

I’m up 7bps, a quiet day. This is exactly how I like it.

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2 comments

  1. roguewave

    You may have given your dog, the covids – superspreader.

    Janet is on record saying there will be no more recessions. She may have to expunge the R word from the language to remain correct.

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    • roguewave

      Glad you’ve rejoined the land of the living. Not feeling well sucks and hurts returns.

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