Summary:
Effective zero reported here out to 90 days (some reports of actual negative rates, Treasury reporting system here probably cannot accept a negative input ?) and lower numbers starting to creep out to the right axis of time.... meanwhile Mike reporting everyone is short the 10-yr go figure.. US going Mike’s “full Japan!”? imo still not out of realm of possibility....
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Effective zero reported here out to 90 days (some reports of actual negative rates, Treasury reporting system here probably cannot accept a negative input ?) and lower numbers starting to creep out to the right axis of time.... meanwhile Mike reporting everyone is short the 10-yr go figure.. US going Mike’s “full Japan!”? imo still not out of realm of possibility....
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Effective zero reported here out to 90 days (some reports of actual negative rates, Treasury reporting system here probably cannot accept a negative input ?) and lower numbers starting to creep out to the right axis of time.... meanwhile Mike reporting everyone is short the 10-yr go figure..
US going Mike’s “full Japan!”? imo still not out of realm of possibility....