US 10 Year Treasury yields have reached a near-20-year high. This kills the crab.
NiknameOne on
I am surprised that growth stocks haven’t repriced yet due to the lower present cash value of future cash flows. Maybe stock valuations and interest rates are not really correlated.
Is there any real, politically feasible way to solve the debt problem or is the US just screwed? I get that they could always just try to inflate away the debt, but that would cause a whole lot of economic pain.
In concrete terms, what would be a step (doesn’t matter how large) in the right direction to solve the debt/deficit problem? Preferably one that would stand a chance at passing through Congress.
adappergentlefolk on
expensive energy problem
I_like_maps on
Don’t worry, when there isn’t a rate cut next Wednesday, Trump will cut off trade with half of US trading partners and the problem will be solved.
Long_Inevitable_3627 on
Obviously its bad but a better test of this would be long rates perking decisively through 5% and heading north of 5.50% or something higher. Very psychologically important as 5% been the ceiling for a while now.
cAtloVeR9998 on
That’s not a big deal. It would only be a big deal if the Treasury would attempt to suppress the 10-year yield with a ton more short-term bills. Wait…
My prediction: Democrats sweep the House/Senate/Presidency in 28. Implement fiscal rectitude. Then Republicans sweep 30/32 with promises of “No Tax. Only Spend”.
9 Comments
US 10 Year Treasury yields have reached a near-20-year high. This kills the crab.
I am surprised that growth stocks haven’t repriced yet due to the lower present cash value of future cash flows. Maybe stock valuations and interest rates are not really correlated.
Scott Bessent: “I am the house now”
Bond Market: “House made of straw maybe”
https://preview.redd.it/1lp6phx41woh1.jpeg?width=300&format=pjpg&auto=webp&s=559b93b2875a927705f5470e2a8f5f8543b80239
Ah, Mr. Bond. I’ve been expecting you
Is there any real, politically feasible way to solve the debt problem or is the US just screwed? I get that they could always just try to inflate away the debt, but that would cause a whole lot of economic pain.
In concrete terms, what would be a step (doesn’t matter how large) in the right direction to solve the debt/deficit problem? Preferably one that would stand a chance at passing through Congress.
expensive energy problem
Don’t worry, when there isn’t a rate cut next Wednesday, Trump will cut off trade with half of US trading partners and the problem will be solved.
Obviously its bad but a better test of this would be long rates perking decisively through 5% and heading north of 5.50% or something higher. Very psychologically important as 5% been the ceiling for a while now.
That’s not a big deal. It would only be a big deal if the Treasury would attempt to suppress the 10-year yield with a ton more short-term bills. Wait…
My prediction: Democrats sweep the House/Senate/Presidency in 28. Implement fiscal rectitude. Then Republicans sweep 30/32 with promises of “No Tax. Only Spend”.