The US keeps punching itself in the face. US bond market is F’d while equity markets are simultaneously crashing.

https://i.redd.it/qku0pp8w84ue1.jpeg

by Irish_Goodbye4

9 comments

  2. What’s happening now?

    I assume it was massive foreign selling the other night

    Major suggestion it was unwind of “basis trade”… But 1) that big an effect? 2) middle of the night in New York?

  3. I was able to unwind a portion of my position but now I need to sit on my hands. Curious how it will all play out.

  4. China is unloading the T bills. China at present has around $700 billion or so in T bills, and historically this was seen as one of the safest zero risk investments available. It was safe and zero risk because for a very long time the US’ word meant something. That’s not the case anymore, the US simply isn’t a zero risk investment right now. Our word for the foreseeable future is complete dog shit. Thanks MAGA!

  5. So, as someone with basically no economics background…

    How fucked are we?

  6. So should I go to the bank and cash in my $50 bonds my grandma gave me when I was little?

  7. Look at forex as well, money is flooding out of US to Europe/Swiss and Japan. Pressure on Fed to raise rates, not lower them. US looking super shaky. If the current administration are intent on de-globalization then valuations based on continued growth and elevated PEs will need to be halved at best.

  8. Okay, can you all stfu already? Up down, down up. God damn.

  9. Question: My corporate ETF bond ladder should be somewhat protected from all these treasury bond shenanigans … right?

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