From Luke Gromen on Twitter.
Rising UST yields with sequentially weakening US economy and inflation, as well as the breakout of GLD/TLT, are symptoms of the credit event.
2022’s “Bond sell-off was primarily because of duration” view will give way to recognition that “Duration IS the event” in 2023, IMO.
preston
npub1s5…s6q7z
2022-12-23 18:45:37
Author Public Key
npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7zPublished at
2022-12-23 18:45:37Event JSON
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"content": "From Luke Gromen on Twitter.\n\nRising UST yields with sequentially weakening US economy and inflation, as well as the breakout of GLD/TLT, are symptoms of the credit event.\n\n2022’s “Bond sell-off was primarily because of duration” view will give way to recognition that “Duration IS the event” in 2023, IMO.",
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