The Magic 8 Ball
Regardless of the kayfabe politics, sovereign bond yields will continue rising in the West and elsewhere.
I don’t know what exactly will be the catalyst, but it’s evidently the plan to blow up the entire financial system as the wealth and power is consolidated in its final phase.
Then comes the force majeure.
You can take this to the bank. The Federal Reserve has lost all credibility in its six year inflation “fight”.
And how do I know the Federal Reserve has lost all credibility? I just look at the Treasury yield curve for the answer. The Treasury yield curve is like a proverbial Magic 8 Ball.
It doesn’t matter how many longer dated Treasuries the US Treasury buys back. The goose is cooked.
It is decidedly so. All signs point to YES!
A number of entities are trying to brute force their way through the back end of this blog’s site. All signs point to YES!