If you are in any way interested in precious metals, you need to see what today’s video sponsor, Monetary Metals, is doing with them at the link below:
LT rates are up and you know what that means: get ready for a flood of claims deficits suddenly now matter. They don’t (sadly), at least not for bonds, and we know they don’t because not all the yield curve maturities are seeing selling. The one spot on the curve you always want to watch is sending another major warning, and it isn’t too many Treasuries.
Eurodollar University’s Money & Macro Analysis
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU