NBS on Nostr: Treasury market getting smoked today, specifically the longer durations For context ...
Treasury market getting smoked today, specifically the longer durations
For context 10yr now reaching 2007 highs (in yield) as the bond market rout continues. This isn't to suggest an equity market crash will follow, but rather to highlight how large this bond selloff has become
The moves in yield these past few weeks has been driving real yield higher, that is the stated yield minus inflation
I've been expecting the curve to steepen, but certainly not driven by the long end rates climbing...
Published at
2023-09-25 19:30:23Event JSON
{
"id": "401243a1e5877b2995fcdc6dbbc6a5e40e66d0e745dfd7bcab62ea7b9d3dfa3e",
"pubkey": "23768a4da819426a66d834cdd496cb1e1aa8627637b0929873e98d3cf4afee59",
"created_at": 1695670223,
"kind": 1,
"tags": [
[
"proxy",
"https://noagendasocial.com/users/NBS/statuses/111127443788146616",
"activitypub"
]
],
"content": "Treasury market getting smoked today, specifically the longer durations\n\nFor context 10yr now reaching 2007 highs (in yield) as the bond market rout continues. This isn't to suggest an equity market crash will follow, but rather to highlight how large this bond selloff has become\n\nThe moves in yield these past few weeks has been driving real yield higher, that is the stated yield minus inflation\n\nI've been expecting the curve to steepen, but certainly not driven by the long end rates climbing...\n\nhttps://static.noagendasocial.com/media_attachments/files/111/127/428/567/290/417/original/b0bffc7e00c81ba8.png",
"sig": "b06db12e038068d0c5ded6a2381c432db7006270691d48c9495c84c53315065a61355e4cafaedddd7729078973eaa8bb4c68b7a811d2e44ded5b6bdea53146b0"
}
